What are sharia-compliant investments and how should I save for a rainy day – Business Day
Requirements are underpinned by Islam’s prohibition on charging interest and the avoidance of companies that are deemed to cause social harm, for example gambling, alcohol and weapons manufacturing. Money reporter comments with input from Abdulazeez Davids, portfolio manager at Kagiso Asset Management. view article
Delta sees good traction with state tenants lease renewals – Business Day
Investors in South Africa probably feel that they already have plenty to worry about. Low market returns, a struggling economy and ongoing political uncertainty make this a tricky environment. Patrick Cairns reports following talk by Gavin Wood (chief investment officer at Kagiso Asset Management) presented at ‘Meet the Managers’, Cape Town. view article