E6: Shariah investments - What are they? And are halal pensions only for Muslims? With Ibrahim Khan and Martin Parzonka
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When it comes to being socially responsible you may already be recycling, enjoying meat-free Mondays, or travelling by train instead of plane. As a society more and more of us are investing in line with our beliefs too. And Shariah investing is part of that.   Recent data from Reuters estimates the global market for Shariah funds has grown by more than 300% in the last decade. So, there’s increasing demand for Islamic investments but how are they different from other investments?   Joining us to discuss this are Ibrahim Khan, former lawyer and Co-founder of investment and personal finance platform Islamic Finance Guru, and Martin Parzonka, Head of Product at PensionBee.   Read more about Shariah investing on the PensionBee website:   https://www.pensionbee.com/blog/2019/march/3-key-principles-behind-shariah-pensions   https://www.pensionbee.com/blog/2020/january/what-is-responsible-investing   In addition, here’s some handy further reading:   https://www.islamicfinanceguru.com/articles/investment/is-my-pension-halal-a-really-really-simple-guide-ifg   https://www.bbc.co.uk/news/av/business-21784419   https://www.ftadviser.com/investments/2021/12/21/fintech-and-the-rise-of-islamic-finance/   If you’re enjoying our Pension Confident Podcast and have feedback you’d like to share, we want to hear from you. Drop us an email on [email protected]. Tune in to next month’s episode where we'll be discussing how to protect yourself from financial scams.
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