MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

Sharia Compliant Funds
From our point of view a well-managed and transparent Shariah-compliant fund has the
potential to attract not only Islamic investors, but also other types of investors provided
the fund shows competitive returns.
The views expressed are the personal opinion of the authors and are not necessarily the
views of Thomson Reuters.
About the Authors
Detlef Glow
Head of EMEA Research, Lipper
Detlef joined Lipper in 2005 as Head of Research, Germany and Austria, from FERI
Wealth Management, where he was Director of Portfolio Management, managing
segregated accounts for high-net-worth individuals. Prior to FERI, he spent nine years
with tecis Holding AG, most recently as Head of Fund Research for tecis Asset
Management AG. In this role he was responsible for quantitative and qualitative fund
research for the tecis fund of funds, the HNWI accounts, and the recommended list of
funds for the financial advisor arm of tecis. Detlef has an MBA focusing on Financial
Services from the University of Wales/Cardiff as well as a BA in Business Administration.
Karim Arafa
Islamic Funds Analyst
As a funds analyst for the Islamic Division at Thomson Reuters, Karim Arafa has
analyzed numerous funds and has years of experience in the banking & finance industry,
specifically in the investment, credit & risk management of Islamic products. Moreover,
Karim is one of Thomson Reuter’s Islamic Finance Gateway Analysts and is responsible
for creating various fund reports as well as the IFG daily and weekly briefings.
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