Trustnet Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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Shariah Law Guide


Implications on Risk & Return

As is the case with other ethical investment vehicles, an extra layer of rules restricts fund managers from certain investments which some argue may result in lower returns or more volatility than equivalent counterparts that can invest more freely in a larger investment pool.
Because of the concept of risk sharing and the restrictions on Riba and gambling, Shariah compliant funds are less able to invest in financials, companies that are heavily leveraged, and dividend paying equities which can potentially affect risk and return.
In particular, financials are traditionally very stable investments with low volatility – although recent history has shown nothing is ever a safe bet thanks to the credit crunch – and they often included in investment portfolios to calm this risk factor.
Dividends are usually paid by well established large companies that are again traditionally more stable investments. The problem with dividends is that most companies in the contemporary stock market usually partake in some form of interest bearing activity, as interest is earned by simply keeping funds in a conventional bank account, some of the interest that is earned filters through to dividends therefore making them Haraam. Nonetheless, generally accepted principles allow for some impermissible income, which is capped at 5% of total revenue.
Additionally, there are 2 other generally accepted accounting restrictions in Shariah investing that will affect investors. First, Shariah compliant companies must maintain a debt to equity ratio that is less than 33%, prohibiting Muslims from investing in highly geared companies which often give higher returns in terms of capital gains. Moreover, compliant companies are only allow to have less than 45% of accounts receivable as a percentage of debt to equity.
Shariah compliant funds do have ways to circumvent some restrictions, for instance Muslims can invest in dividend paying investments and open conventional bank accounts if the interest is nullified by a process known as ‘Purification’, whereby additional earnings are given to a charity for example (for the conventional investor this is an obvious loss on potential returns). Moreover, sometimes there are different interpretations and revisions to Shariah rules for example one recent development is a debate between scholars about whether certain trading practices and derivatives today are really Haraam.
Shariah Advisory Board
Shariah compliant funds have to be supervised by a group of accepted Islamic scholars that vet investment instruments and companies that the fund invests in, advise fund managers on the various issues surrounding Shariah investments and also conduct continuous due diligence on invested funds to ensure that everything is Halal and complies with Islamic Shariah law.
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