Seeks moderate capital growth whilst protecting employees’ contributions.
The Fund will primarily invest in Shari’ah compliant money market instruments
Wakala deposits and short term Sukuks. Deposits will be placed with Government backed local banks with a minimum issuer rating of A-. Only Sukuks issued by issuers with a minimum A- rating will form part of the portfolio.
Max in single security
Max in money market funds
Max in single group
Max maturity of a single security
Max weighted average maturity
Fund Type
Fund underlyings
Risk profile
Fund Manager
Fund Custodian
Fund administrator
Legal Advisor
Shariah Advisors
Auditor
Fund administrator
Legal Advisor
Shariah Advisors
Shari’ah solutions leveraging on local and global expertise
(subject to appointment*)
*Standard Chartered Bank’s appointment as the Custodian and Fund Administrator is subject to, among other things, its internal policy, regulatory approval, product readiness and execution of the relevant definitive service agreements. No representation is made as to when and/or whether the appointment will be concluded eventually. The information contained herein is for illustrative purpose only and should not be relied upon entirely as it is subject to change.
