Chapter 11
Introducing the Islamic Capital Market
In This Chapter
Getting some historical perspective
Following specific investment criteria
Fulfilling investor objectives
Locating the Islamic capital market
Putting money into equities, bonds, ETFs, and more
Examining some major Islamic capital markets
In conventional finance, investments are generally monetary assets that an investor purchases to earn income or to achieve a capital gain by selling them for a higher price in the future. Monetary assets include cash as well as pledges to receive income in the future. An investment can be as simple as a savings account at your local bank or as complex as a foreign exchange derivative or a deep-in-the-money naked call (which isn’t nearly as naughty as it sounds).
Islamic investments function the same way as conventional investments, but the investment activities must follow Islamic law ...
Get Islamic Finance For Dummies now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
