Shariah compliant funds
A wide range of shariah compliant products are already offered in Luxembourg and the financial centre has developed the skills necessary to service them.
Luxembourg investment vehicles are regulated by the financial sector supervisory authority, the Commission de surveillance du secteur financier (CSSF). The CSSF has considerable experience in the authorisation and supervision of Islamic finance investment structures.
Firms in the Luxembourg financial centre are globally recognised for their expertise in the cross-border provision of financial services. Thanks to dedicated training programmes and an increasing volume of business, consultants and financial service providers have also built up teams that are experienced in the specific needs of Islamic finance clients.