Shari`ah Supervision of Islamic Mutual Funds - Sh. Yusuf Talal DeLorenzo October 1, 2007
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Shari`ah Supervision of Islamic Mutual Funds - Sh. Yusuf Talal DeLorenzo
Islamic mutual funds presently represent one of the fastest growing sectors within the Islamic financial industry. As Shari`ah supervision is an integral part of the industry, its place in relation to Islamic mutual funds is certainly no less important. My intention in this paper is to discuss in a general way the variety of functions performed by Shari`ah supervision and their importance. In doing so, I will make observations about the industry and suggestions for a better future.
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