Publication:
Shariah compliant private equity finance
Abstract
Private equity investment is potentially an important component of any wealth management strategy, and it is an asset class which because of its nature and potential double digit returns has enormous potential appeal to investors concerned with Shariah compliance. Islamic finance is about participation in and the sharing of risk, which corresponds very closely with the aim of private equity finance. Equity investors can of course suffer losses, but to date the record of Shariah compliant private equity compares favourably to its conventional counterpart, perhaps because less or, even in some cases, no borrowing is involved.
Keywords
Private equity , Islamic finance , Shariah compliant
Citation
Wilson, Rodney. (2009). Shariah compliant private equity finance. In Sohail Jaffer (Ed.), Islamic wealth management: a catalyst for global change and innovation (pp. 399-412). London, United Kingdom: Euromoney Institutional Investor PLC.
Publisher
Euromoney Institutional Investor PLC
Available in physical copy only