Islamic finance in Europe (133)

Continuation

Meanwhile, inflationary pressures may negatively impact the performance of Islamic banks.

These will impact:

-      via their investment in real economic sectors;

-      and through financial products that involve:

o   the buying

o   and selling

of real assets.

3.3 ETHICAL INVESTMENT VERSUS ISLAMIC INVESTMENT

There is much common ground between:

-      ethical

-      and Islamic finance

especially in the investment sphere where numerous investment products have long used ethics as the key criterion in their investment approach.

From the research paper of European Central Bank

(Authors: F.Mauro, P.Caristi, S.Couderc, A.D.Maria, L.Ho, B.K.Grewal, S.Masciantonio, S. Ongena and S.Zaher)