Islamic law principles require that an investment be in 'ethical sectors' and that all wealth creation result from a partnership between the investor and the user of capital where rewards and risks are shared, according to the company.
The site is designed to reach middle income Muslims around the world, according to the company.
The potential market for financial products and services compliant with Islamic law is estimated to include 140 million Muslim investors with current investments of $175 billion, according to the
'Investors throughout the Muslim world want credible financial products and services that comply with the teachings of Islam,' said Ramzi Abu Khadra, CEO of
