Islamic Investing
Palcoin will invest in projects that adhere to Islamic investment principles. Islamic finance is increasingly attracting attention among investors worldwide, especially in 2019 which saw a double-digit growth in assets. There is growing interest in Islamic finance for three reasons:
- Greater appreciation of the role that Islamic finance plays in responsible investing
- Geographic interest in markets where Islamic finance is gaining prominence
- Digital transformation, which makes Islamic investments more accessible
As awareness and knowledge of Islamic finance builds up in non-Muslim countries, Palcoin expects to see steady growth in Islamic finance assets, along with expansion in Shariah-compliant investment products and services to cater to the rising demand.
When moving in this direction, investors will require the infrastructure, insights and related solutions to safeguard and manage their Islamic finance assets through every stage of the investment life cycle.
Islamic finance and ESG investing are complementary investment approaches which share significant common ground, such as being a good steward to the society and the environment. Both elements offer products that appeal to Muslim and non-Muslim investors alike, and each operates according to strong practices and policies, so that each can learn from the other.