| Would a non-Muslim do better to back ethical rather than Islamic funds? It is often claimed that Islamic finance is not only for Muslims. This has two meanings: (1) Islamic financial institutions will not turn away non?Muslim customers, and (2) non?Muslims can provide Islamic financial services. In practice, one can find examples in both directions.
The large number of non?Muslim participants in Takaful schemes in Malaysia is an often-quoted example for the first and the asset management for Shari'ah-compliant funds an example for the second direction. ..............................................Full Article: Source
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