Episode 52-Profit with Purpose: Halal Investing

Monem Salam, Director and Portfolio Manager at Saturna Capital. With years of experience in Islamic investing, he’s been is a leading voice in the industry. 

In this episode, we explore:

• The evolution of Islamic finance
• The latest investment trends
• Where the industry is headed next

Please note that this discussion is for informational purposes only and does not constitute financial advice. Please consult a qualified advisor for financial guidance.

About Amana Mutual Funds Trust-https://www.saturna.com/amana

Halal Money Matters podcast-https://www.saturna.com/amana/hmm

Email me: hassan@majlisandmarkets.com

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  Intro theme song-Desert Meditation by omar sahel via Pixabay 

Chapters

• 0:41 Monologue intro
• 1:13 Beginning of discussion
• 1:43 Monem's background
• 4:18 What is the Amana Fund?
• 8:39 US Islamic asset management
• 10:01 Working in Malaysia
• 12:53 What is Islamic asset management?
• 15:07 Difference across jurisdictions
• 18:46 Screening process
• 19:59 Lack of Islamic ETFs
• 21:10 SWFs not adopting Islamic investing
• 22:55 Large asset managers' Islamic offering
• 25:32 Difference between UK and US
• 27:40 Al Kawthar ETF
• 29:12 Trust around halal ETFs
• 31:12 Tayyab funds
• 33:00 Sukuk
• 36:45 Cost of Islamic products
• 38:49 Active vs Passive
• 40:24 Improving Islamic financial literacy
• 43:05 Upcoming projects and getting in touch