Embracing Islamic investment in Australia using the Malaysian model

Embracing Islamic investment in Australia using the Malaysian model: challenges and opportunities
Mahmood Nathie
Griffith Islamic Research Unit
March 2008

"This paper sets out the principles and application of Islamic law relating to IEF’s. It argues that a model incorporating IEF values may be possible for adoption in Australia supported by institutional involvement – some of whom are already actively in engaged in managing IEF’s overseas through associated financial institutions. It presents evidence of the demand for such investment alternatives, especially from individuals with investments tied up in superannuation funds. It argues that Australia should not ignore the capital market trends in the Asian economies where IEF’s are becoming increasingly popular".

Embracing Islamic investment in Australia using the Malaysian model