Range of Sharia Compliant SIPPs launched
Pointon York has launched the following four Sharia compliant SIPP products:
1. e-SIPP. A low cost SIPP which can be easily managed online
2. Single Investment SIPP. A straightforward SIPP for clients wishing to invest in a single asset
3. Individual SIPP. A fully flexible SIPP allowing an extensive range of investments
4. Corporate SIPP. Suitable for employers. The CSIPP has three tiers providing flexibility according to employee levels. It is made up of the e-SIPP, the Single Investment SIPP and the Individual SIPP.
The reason for this is the demand from Muslims for a suitable retirement vehicle.