MUSLIM INVESTMENT BROKERS
Universal Investments was formed on the basis to address the need for an independent Muslim owned and managed Shariah compliant asset management company.
Therefore, it is on this basis and philosophy that the investment company was formed.
WHERE IS THE MONEY INVESTED?
The excess donations received are invested in various Shariah compliant investments on the stock market (equities), and various other asset classes. The investments are also overseen by the Shariah board and is fully compliant in that regard.
HOW DO SHARIAH INVESTMENTS WORK?
Within Shariah law, there are certain parameters which need to be adhered to.
Based on these parameters, investments are made in various equities, with these parameters in mind, and steering clear of shares which do not fall within the confines of the Shariah law.