Solution introduction
The Eurekahedge Global Islamic Fund Database is a global database of 918 live and obsolete Shariah compliant funds that provide their investors (usually Muslims) exposure to financial markets inside a framework that is deemed ethical under the principles of Islamic jurisprudence
Generally, these principles require that investors avoid interest (riba) and investments in businesses that provide goods or services going against the spirit of Islam. Islamic funds constitute a fast growing sector of the wider Islamic finance industry that is expected to grow past the US$2 trillion mark by the end of 2015.
