Welcome to the world of technology-driven investments that align with your Islamic values—the Shariah-Compliant Tech Fund. RHB Banking Group’s Islamic finance division, RHB Islamic International Asset Management, has made a strategic move into a sustainable investment with the launch of Malaysia’s inaugural Shariah-compliant sustainable technology fund. The move has been executed in partnership with global asset manager Janus Henderson Investors.
The fund, named the RHB i-Sustainable Future Technology Fund, extends an invitation to investors seeking access to the technology sector through a Shariah-compliant and sustainability-focused investment platform. The announcement was made public by RHB on June 22, furthering the financial giant’s commitment to sustainable investment and financial inclusivity.
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In line with its sustainable agenda, the newly launched fund targets investments in technology companies that are not only Shariah-compliant but are also actively involved in propelling environmental and societal progression. The fund’s investment strategy is geared towards addressing key global challenges such as climate change, resource constraints, escalating population growth, poverty, societal inequality, and the issues presented by an aging demographic. All of these facets are targeted within the bounds of a Shariah-compliant investment framework.
As of the end of March, the combined assets managed by RHB Asset Management and RHB Islamic International Asset Management amounted to $4.5bn. This new fund further enriches its portfolio by integrating sustainable investing into its comprehensive asset management strategy. Invest in the future of technology while adhering to Shariah principles with the Shariah-Compliant Tech Fund, and embark on a rewarding journey of ethical and innovative financial growth.
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