Consider the Islamic option

Business 24/7:The financial crisis has shown us the downside of many conventional financial instruments, but Islamic banking products are believed to have emerged relatively unscathed and investors in these products are believed to have done better than those investing in more traditional products.

Experts say the prohibition on charging interest and the lack of structured Islamic banking products may have prevented the sector from investing in assets that turned fatal for conventional banks.

Moinuddin Malim, Head of Corporate and Investment Banking in Badr Al-Islami Bank, says: "Islamic finance and investment is about value creation. An asset always backs the underlying product in addition to the track record of the investment manager, the true valuation of the asset and its performance...Continue Reading