Rajeev Baddepudi and Bernardo Vizcaino, Eurekahedge
Islamic investments have garnered interest over the years and have gained momentum not only from established participants but also from a variety of new entrants. While some outsiders would care to refer it as a subset of the socially responsible industry, the informed observer will note that the industry has taken a life of its own and is poised to develop further.
In response to investor demand, Eurekahedge launched a database of Shariah-compliant investment products this year, adding to its coverage of the alternative investment universe. This platform currently collates information on more than 330 funds, out of a universe which oscillates around the 400 mark. It is by far the most comprehensive attempt to provide transparency to investors and provide factual data to its participants.