Mutual funds that cater to Islamic investors have proven popular in Europe and the Middle East and could be poised for success in the United States.

According to International Investor Advisory Group Ltd., an Islamic investment bank in London, there are more than 50 Islamic equity funds worldwide, compared with fewer than 10 before 1995.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.