Gold Gains Traction in Islamic Investing as Rally Spurs Interest

A vault tour in the loading area.Source: Loomis International (SG) Pte./E2S Security Services Sdn.

In a small town an hour’s drive from Malaysia’s capital, a new, high-security vault illustrates the growing popularity of gold products and services designed to cater to Islamic principles.

Run by a subsidiary of Loomis AB, the Swedish cash- and bullion-handling company, together with local security firm E2S Group, the 20-ton facility in Nilai represents a push to tap into the nation’s burgeoning Islamic bullion sector.