Safa’s founder, John A. Sandwick, said, “While many banks create and manage individual Shari’a-compliant investment products, there is no other global asset manager in the world with Shari’a certification for all elements of asset management.” Safa Investment Services was created in 2012 by Islamic Wealth & Asset Management S.A. in Geneva, Switzerland. Safa permits customers to benefit from global asset diversification of their managed accounts, but with a complete respect for the principles of Islamic law.
Sandwick added, “In the context of Islamic investing, the application of Shari’ah must coexist with the standards of professional asset management. This includes not only selecting securities that meet global regulatory standards, but also the process to manage accounts and the contracts under which they are managed. Our achieving full Shari’ah compliance is significant, as it encompasses the entire asset management process.”
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