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WATCH: Responsible investing - what is Shariah compliance?

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Cape Town - It is a myth that Shariah compliant products perform poorly in comparison to conventional funds, according to head of research at Kagiso Asset Management Abdul Azeez Davids.

“Investing in a Shariah compliant fund is not going to generate lower or inferior returns,” he said in an interview with Fin24.

The term Shariah refers to a set of laws and regulations that govern a Muslim's life and Shariah compliant investing is an important branch of that law. This does not mean Shariah compliant funds are only for Muslims.

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