04.03.2013 - World's first global Islamic asset manager receives Shariah certification from Shariya review bureau
Safa Investment Services received this week its official certification for Shari'a compliance from Shariyah Review Bureau. It makes Safa Investment Services the first Islamic global asset management business in the world. Safa's founder, John A. Sandwick, said, "While many banks create and manage individual Shari'a-compliant investment products, there is no other global asset manager in the world with Shari'a certification for all elements of asset management." Safa Investment Services was created in 2012 by Islamic Wealth & Asset Management S.A. in Geneva, Switzerland. Safa permits customers to benefit from global asset diversification of their managed accounts, but with a complete respect for the principles of Islamic law, known as Shari'a. (Press Release)
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