I have to admit that within the Global macro-economic environment I had never thought about the concept of investing in religion, but this is an investment opportunity that has huge implications on a global scale in the form of faith-based investing. One such example is the creation of Shariah-Complaint funds that has progressed within the Asian marketplace.

Shariah-Compliant funds are prohibited from investing in companies which derives income from the sales of alcohol, pork products, pornography, gambling, military equipment or weapons. They are funds that focus on adhering to Islam and providing those of Islamic faith an investment vehicle that aligns with their religious views.

Islamic laws may constrain investment opportunities, but Shariah-Compliant funds understand this constraint and tap into the global Islamic finance market. Malaysia has understood this opportunity and as a result has created robust Islamic fund management capabilities.

The following article provides insight into Malaysia’s participation in this market and Hong Kong’s goal to strengthen their Islamic finance platform. By placing a focus on Islamic finance products Hong Kong expects to enhance the attractiveness of the country to global investors and continue its stake as an international financial center.

http://www.international-adviser.com/news/asia/hong-kong-developing-islamic-fin-market

Were you aware that in Australia, when paying for a round of drinks, you should not pick-up the tab out of turn (something I am going to implement for Bull’s Head)? Or in Brazil, do not eat with your hands even if it’s a sandwich or pizza.

I recently came across the following article that brought this knowledge, and many others, to light: http://www.entrepreneur.com/article/234628. Not only was the information entertaining, but the insight derived from this read brought forth the realization that conduct in International Business can go a long way. Sometimes the greatest pitch ever presented can’t overcome an insult from not being dialed into the culture of a country where you are conducting business.

Additionally, although this article does not cover the business etiquette in Singapore and Malaysia, it did get me thinking that I should be prepared prior to our international trip. I obviously want to ensure that I am not insulting our hosts and that I am representing Baruch in a proper and courteous manner. To provide a glance at some aspects of the appropriate business etiquette in this setting you can read the following link: http://www.kwintessential.co.uk/etiquette/doing-business-singapore.html

Good luck, and watch that pour!

“Real knowledge is to know the extent of one’s ignorance.”
– Confucius