Australia’s first sukuk mandate adds diversification to a Shariah-compliant responsible investment super fund The Responsible Finance Podcast

Shariah screens limit the number of defensive assets available for asset managers in narrow  markets where  financial institutions represent 25-30% of the market
Investment managers can offset some of the additional risk by using ESG integration strategies, as well as investing in global sukuk
The institutionalization of Shari'ah standards gives Islamic asset managers a  leg up compared to ESG in terms of clarity about how their investment  process is affected by their approach to responsible finance