Omar Fisher, chief executive officer of Takaful Management Services in Wayne, N.J., is working with leasing companies to develop securities backed by operating leases, which don't pay interest but rather a share of the leasing revenues and could therefore be bought by Muslims. Fisher is also working to develop a U.S. version of a takaful , a kind of mutual-aid society that serves as an alternative to conventional insurance for Muslims. Loving of First Affirmative Network goes beyond stocks and bonds, helping interested clients find alternatives for their savings accounts as well. Money can be transferred out of the foundation four times a year without penalty, allowing investors to invest in community development and still have relatively easy access to their funds when they need them. If you decide that faith-based investing is an appropriate service for your firm to offer, there are several ways to go about advertising it.
Some advisers give financial workshops at local temples, mosques, or churches.
If you have a Website, you can add a page discussing religious investments and list that page in search engines or on sites that serve a particular audience. But maybe all you need to do is start raising the issue with clients. But as he began doing it, he found that people were relieved to have it brought out into the open and treated as important. But serving clients who want their religion to play a role in investing decisions may not be so difficult. All clients bring their life circumstances to bear on financial planning.