In recent years, there has been a noticeable surge in awareness regarding the Environmental, Social, and Governance (ESG) impacts of business and investment decisions. The World Economic Forum has projected that the global sustainable investment market will reach a staggering $53 trillion by 2025.
Interestingly, one lesser-known pioneer in the realm of responsible investing is Shariah investing, which has been shaping ethical investment practices for over 60 years.
“Before ESG became a prominent term in investing, Shariah investment products were already providing avenues for investors to attain both ethical returns and financial growth,” notes Farida Ahmed, Head of Customer Relations at Al Mabroor. “Shariah-compliant investing not only offers lucrative outcomes but also provides peace of mind.”
Here are some of the advantages associated with opting for Shariah-compliant investment products…