Islamic Wealth Management

  • Nafis Alam
  • Lokesh Gupta
  • Bala Shanmugam
Chapter

Abstract

Wealth management motivate a person to work hard and earn his wealth and also give hope to the poor and needy. Managing wealth disciplines a person to save in order to help himself, his family, and his society financially. Islamic Wealth Management is explained by a system of interrelationships between the tenets of justice, equitable distribution and fairness, and limits of ownership, all governed by the tenets of the moral law. There is always demand for Islamic Wealth Management as there are high net worth individuals and corporates in GGC and globally for diversification of investment to balance the risk of equity swings. Shariah-compliant investment products offer an avenue for Muslims and non-Muslims to invest in ethical responsible funds with an underlying asset.

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Copyright information

© The Author(s) 2017

Authors and Affiliations

  • Nafis Alam
    • 1
  • Lokesh Gupta
    • 2
  • Bala Shanmugam
    • 3
  1. 1.University of Reading MalaysiaJohor BahruMalaysia
  2. 2.RM ApplicationsKuala LumpurMalaysia
  3. 3.Federation University MalaysiaPetaling JayaMalaysia

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