Islamic Wealth Management
Islamic banking is based on the compliance of the rules with Islamic law. It encourages trade and favors real economic activities.
Islamic law restricts certain business practices like the payment or acceptance of interest for the lending and accepting of money. A profit can only be generated by exchanging money against goods or participating in a business. Further certain business activities are deemed impermissible (Haraam, forbidden), such as those involving alcohol, pork, gambling, etc.
Traditional financial products and Islamic investment products cannot be directly compared as their risk/return profiles can vary as such. In general terms it can be said that Islamic equity investments tend to be in companies with low leverage as well as in companies that tend to obtain profit from their core business and not from financial engineering activities.
Islamic Wealth Management applies these rules to investment products and solutions and therefore opens this range of financial services to ethical investors in compliance with Islamic law.
Our Bank supported by our independent Sharia Advisory Board offers full private banking range of solutions fitting for Islamic, but also non-Islamic investors.
Bank Sarasin is the only competitor in Switzerland with such an extensive offering.