Islamic Private Equity Funds

February 04, 2010
Private equity is a well-developed asset class in the Western world that has also enjoyed tremendous success in the Middle East in recent years, and funds investing in a Shari’ah-compliant manner increasingly are looking beyond the Islamic world to explore global investment opportunities. This update outlines issues for managers of Islamic private equity funds seeking to invest outside the Middle East region—and the rules to be observed when investing collected money in an acceptable, Shari’ah-compliant manner.