Overview
CIMB-Principal Islamic strives for superior consistent performance based on a disciplined investment process that adheres strictly and transparently to Shariah investment principles.
The Company provides a full spectrum of Islamic investment solutions by offering separately managed portfolios as it leverages the expertise of both Principal Global Investors and CIMB-Principal Asset Management.
Case for Islamic Asset Management
The development of Islamic asset management has been driven by rising demand for Shariah-compliant 1 investments from an estimated population of 1.65 billion 2 Muslims worldwide, approximately 24% of the world population. Its relevance as an alternative investment class for all investors, whether Muslim or non-Muslim, has accelerated with the rising importance of business ethics and fiscal conservatism.
Download the CIMB-Principal Islamic's Case for Islamic Asset Management for information on the foundations of Islamic investing as well as a description of what clients should consider when evaluating Shariah-compliant asset management firms.
1 In a manner that is consistent with Islamic law and beliefs
2 2010 World Muslim Population report by Houssain Kettani, Polytechnic University of Puerto Rico, San Juan, Puerto Rico, USA