Presenting the benefits of Islamic investing for both Muslims and non-Muslims alike, Noripah Kamso’s new book, Investing in Islamic Funds: A Practitioner’s Perspective is a unique exploration of how Islamic investing can be a valid investment alternative that delivers similar investment performance as its conventional counterpart, in addition to being an ethical and socially responsible form of investing.
Laid out in a narrative approach with real-life case studies and research figures from information providers like Bloomberg, Islamic Finance Information Service (IFIS) and Thomson Reuters, the book provides evidence-based information which can be seriously considered with the conventional finance and investing community.
The book highlights seven Islamic investing myths while providing a thorough explanation of how it benefits the broader investor base. It illustrates a comparative analysis of Shariah-compliant investing with conventional investing to show how the former is resilient, while the latter has to recover from financial crisis. Moreover, the book provides an in-depth examination of how Shariah-compliant investing is quick to recover even during down-trending market.
“The 2008 global financial meltdown, 2009 Dubai property crisis, 2011 Arab Spring crisis as well as the Eurozone crisis have resulted in an unprecedented push by investors to seek out new ways to diversify their assets offshore to global financial centers, as well as investing in other regions like Asia Pacific to seek out higher returns,” Kamso said.
Offering a timely response to the fundamental questioning of the current financial system from a portfolio manager’s perspective, Investing in Islamic Funds: A Practitioner’s Perspective will take readers to explore the basics and principles of Islamic investing, an in-depth analysis of investment performances and a portfolio manager’s thought process in making investment choices.