Description

The Saturna Al-Kawthar Global Focused Equity UCITS ETF (AMAL) is an actively managed fund that invests in global equities, specifically targeting companies that adhere to Shariah principles and demonstrate robust environmental, social, and governance (ESG) performance. AMAL's objective is to deliver long-term capital appreciation, embodying core tenets of Islamic finance such as being asset-backed, operating ethically, distributing risks equitably, and maintaining strong governance standards. This Shariah-aligned global equity ETF typically constructs a focused portfolio of 30 to 45 high-quality, attractively valued international businesses. These selections are based on their superior standing across various ESG, financial, and valuation metrics, alongside their promising growth prospects. The fund employs a global investment strategy, operating without specific geographic or industry benchmark constraints.