Description

This fund allocates a minimum of 80% of its net assets to equity securities, specifically targeting companies that derive a substantial portion (50% or more) of their revenues or possess the majority (50% or more) of their production assets in emerging economies or developing markets. All portfolio decisions are strictly guided by Islamic principles. The fund employs a broad diversification strategy, spreading its capital across different industries, corporations, and nations within the developing world, with a primary focus on large-capitalization value stocks.