Source Obtains Islamic Approval for Precious Metals ETC

Financial News reports Source has received Sharia approval for palladium ETCs.

The market news is quoted as saying,

The move highlights the increasing interest from Islamic investors keen to tap into the growing and liquid market commodity ETC markets.

Sharia-compliant physically backed ETCs are a pure form of Islamic commodity transaction as investors do not have to worry about margins, delivery or underlying assets.

For the complete market news, click here.