Cape Town - It is a myth that Shariah compliant products perform poorly in comparison to conventional funds, according to head of research at Kagiso Asset Management Abdul Azeez Davids.
“Investing in a Shariah compliant fund is not going to generate lower or inferior returns,” he said in an interview with Fin24.
The term Shariah refers to a set of laws and regulations that govern a Muslim's life and Shariah compliant investing is an important branch of that law. This does not mean Shariah compliant funds are only for Muslims.