Description

This fund primarily invests in common shares and other equity-linked securities issued by companies both within the country and abroad. All chosen investments must adhere to Islamic (Sharia) guidelines, and the fund's advisor seeks out securities expected to rise in value over the long term. Under these Islamic principles, the fund explicitly avoids companies operating in sectors such as alcohol, pornography, or gambling. It also steers clear of interest-bearing debt instruments and businesses that primarily earn their income through interest.