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EIIB proposes to utilise Sharia’a compliant techniques to structure and distribute investment products, in the UK, Europe, the Middle East and Asia, either directly where feasible or through intermediaries such as banks, insurance companies and authorised intermediaries. These products would also be available to private banking customers. The range of Sharia’a compliant investment products would include the following, although these would be offered over a period of time, and subject to market testing:
The clients’ investment funds are expected to be mostly managed in-house, except where specialised fund management skills (such as Islamic hedge funds) would require utilising an external portfolio manager. EIIB will also work with other financial institutions, both Islamic and conventional, to create "white-label" Sharia’a compliant investment products in response to specific demand.
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