Swiss Financial Engineering boutique Arx Financial has launched a new ethical desk aimed at responding to client requests and build up a ‘shariah’ compliant offering, including structured products.
Led by Dermot O’Reilly (pictured) , head of ethical finance at Arx Financial Engineering (Arx), the Arx Ethical Finance Desk will offer a range of ethical funds and sustainable structured investments to respond to client demand. “This is one area that the Islamic finance space has struggled to capture,” says O’Reilly. “[We have] already started talking to clients and proposing ideas and have received a number of reverse enquiries at the end tail of meetings enquiri