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Robo-Advisor to Try to Attract Muslim Customers
The Farringdon Group Private Wealth Managers plans to launch its Algebra robo-advisor, which will comply with Shariah law for Muslims and be available across the globe. So reports Banking Technology.
For a minimum investment of $200 a month, clients can gain exposure to stocks of companies that don’t derive earnings from gambling, alcohol, tobacco, pork products, adult entertainment, or military equipment.
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