Shariah-Compliant Investing

متوافق مع الشريعة

A Shariah-compliant investment conforms to Islamic law: it avoids interest-based income, excessive uncertainty, and prohibited business activities, and it passes financial-ratio screens on debt levels and interest income. Compliance is certified and monitored by a Shariah supervisory board. The Egyptian market includes Shariah-compliant mutual funds and screened stock lists for investors who require them.

Related terms

← All glossary terms