EVENT: Briefing for corporate members on gold investment

Date: 13th June, 2019 Time: 01:00 pm - 02:30 am
Briefing for corporate members on gold investment

Two executives from the World Gold Council delivered a briefing to ABA Corporate members on the gold market, and in particular new Shari'ah-compliant gold investment products that have recently been developed.

The main points of the presentation were:

  • Gold offers strong risk-adjusted returns, diversification, and low volatility.
  • Uncertainty around Shari'ah portfolios and gold has been removed following the publication of Aaoifi's Shari'ah Standard on gold in 2016. The Standard expands the range of products in which Shari'ah-observant investors may place their money.
  • Indicators suggest that now might be a good time for investors to think about allocating some of their funds to gold. The current S&P P/E ratios and the length of the bull run on the US $ are such that future returns are unlikely to match those seen in recent years.

The full slide presentation is attached below. 

John Reade is Chief Market Strategist at the World Gold Council. He spoke about the investment case for gold, and latest developments: john.reade@gold.org

Jaspar Crawley is Diector of Institutional Investment. He spoke about the Aaoifi Shari'ah Standard and the case for Shari'ah-compliant investment in gold. jaspar.crawley@gold.org




More in Events

Eid Dinner

We will host our Eid Dinner, marking the end of Ramadan, on 27 May. This event is open to all members and their friends and colleagues. We will put more details about the event, including details of how to buy tickets, nearer the...

  • Date: 27th May, 2020
  • TBD

Breakfast Roundtable on Operational Resilience, hosted by...

This is an invitation-only event which will be hosted by Grant Thornton. During this roundtable we will consider the PRA's recent consultation event on Operational Resilience and formulate appropriate responses for the Arab banking...

  • Date: 17th March, 2020
  • ABA Offices, Mayfair

Dealing with financial crime - a practical guide

FTI Consulting and Mishcon de Reya will host an evening seminar on Financial Crime on Thursday 13 February.  The purpose of the seminar is to update participants on criminal and regulatory matters related to financial crime and to...

  • Date: 13th February, 2020
  • ABA offices

Meeting with the Prudential Regulation Authority

CEO's of member banks will be invited to attend a meeting with officials from the Prudential Regulation Authority at the ABA's offices on Wednesday 22 January 2020. The meeting will start at 2.30pm.  The PRA team will...

  • Date: 22nd January, 2020
  • ABA Offices

ABA Meeting with HMRC: Postponed

HMRC has postponed the planned meeting with Arab banks in London that had been scheduled for 25 November. This is due to the British General Election that will take place on 12 December. Government officials do not discuss policies...

  • Date: 25th November, 2019
  • ABA Offices

Upcoming ABA Events

Other Upcoming Events