Investing In Islamic Funds - (Wiley Finance) by Noripah Kamso (Hardcover)

Book Synopsis

Offering an insider's perspective on a rapidly growing sector of the financial industry, Investing in Islamic Funds details the basic principles of Islamic investing for Muslims and non-Muslims alike. It explains how Islamic equity and fixed-income products differ from traditional funds, and how they deliver excellent results while still conforming to Sharia principles. Using hard data from the last six years, the book also reveals how Islamic funds have offered predictable, reliable returns in volatile markets and turbulent financial times. For institutional investors as well as sophisticated individual investors, the book serves as an excellent introduction to the subject and surveys the full range of products available. Additionally, the book will arm financial services professionals with the knowledge they need to explain this new investment opportunity to clients.

• One of the few books available that offers comprehensive data on the performance of Islamic funds in addition to the underlying theory that governs them
• Written by the CEO of CIMB-Principal Islamic Asset Management, the world's leading Islamic finance bank
• Features charts, case studies, comparative analysis, and a tabular data format
• Debunks the misconceptions traditional investors may have about the profitability Islamic funds

For professional and institutional investors, as well as private investors looking for new opportunities, Investing in Islamic Funds offers a much-needed primer on this fast-growing market.

From the Back Cover

Praise for Investing in Islamic Funds

"This is a valuable contribution to Islamic finance literature. Written by one of the most successful practitioners in the field, the book makes accessible to market participants Islamic finance concepts. The hands-on experience of its author, combined with the ease with which she demystifies Islamic finance and its investment strategies and portfolio formation, recommends this book to students of finance in general and international investors in particular. The book should be of interest also to students of capital markets, fund managers and scholars in that it describes in familiar language a new, stable and dynamic asset class that no international investor strategist could afford to ignore."
--Dr. Abbas Mirakhor, INCEIF Chair in Islamic Finance

"Overall, a book providing critical knowledge about Shari'ah-compliant funds combined with high levels of analytical skills and indeed the application experience of a world-class practitioner. A book to be read from the beginning to the end or in selective steps -- both ways intellectually stimulating and pure fun."
--Dr. Manfred Dirrheimer, Founding Chairman of the board of directors, FWU AG

"A fulsome guide to Shari'ah financial services from a practitioner at the heart of the industry."
--Rory Tapner, CEO, Coutts

"Datuk Noripah's perspectives on Islamic funds provide insights into the opportunity that exists for their growth within the global market. The practical approach that her book describes, alongside the vast experience, is a helpful contribution to understanding a sector that is evolving and developing at a constantly rapid pace. The development of UCITS and other fund platforms is an important step in the globalization process."
--Neil Ryan, Assistant Secretary General, Department of Finance, Ireland

About the Author

NORIPAH KAMSO is currently an Advisor to CIMB Islamic. She was previously the CEO of CIMB Principal Islamic Asset Management Sdn Bhd. Since 2008, she has successfully established a platform for the firm to extend its reach across the globe. Previously she served as the CEO of CIMB-Principal Asset Management Berhad, where she pioneered the listing of the world's first Regional ASEAN Exchange Traded Fund, "CIMB ASEAN 40 ETF" on the Singapore Exchange in 2007. She is a two-time winner of the Marketing Personality of the Year Award (2005 & 2006) by Asia Asset Management for the Asia Pacific region, CEO of the Year for Malaysia (2007) and Personal Achievement Award for contribution to Islamic Asset Management by International Takaful Summit, London (2012). Besides serving as a council member of the Federation of Investment Managers Malaysia (FIMM), she was the past president of the Malaysia Futures Brokers Association (MFBA).