News

26 November 2020

The best of both worlds: investments that are both Shariah-compliant and sustainable

Shariah-compliant finance was taking an ethical view of investing long before the rise of sustainable investment strategies in western financial markets. Now, as both Shariah-compliant and sustainable investments expand, investors and issuers are finding increasing complementarity between Shariah-compliant investments and those that also comply with international standards on sustainable investing. Trevor Norman, Director of Islamic Finance and Funds at VG, explains how these two investment markets are converging.

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Trevor Norman

Director - Islamic Finance and Funds Group

People

Trevor Norman

Director - Islamic Finance and Funds Group

+44 (0)1534 500418

tnorman@vg.je

News

19 March 2018

Revenue Jersey ruling on Murabaha contracts

VG, working with other interested parties in Jersey, has successfully obtained a ruling from the tax authorities in Jersey that profits arising from commodity Murabaha contracts in an Islamic financing transaction are not subject to Income Tax in Jersey.

 

Trevor Norman

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Trevor Norman

Director - Islamic Finance and Funds Group