Bonds are not completely off limits for Sharia investors

Sharia investing, meaning investments that are governed by Sharia law and the principles of Islam, is a concept which goes back decades, but is seeing rising demand across the UK that, for now, is outstripping supply. Admittedly, this is an area which I personally know very little about. So I caught up with James Penny, chief investment officer at TAM Asset Management. He reflected on what makes an investment Sharia compliant, how the investible universe for Sharia investors is broadening, and the innovation he’s seeing throughout this space at the moment.