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Principal launches ESG-focused Shariah-compliant investment fund

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Fund aims for companies that embrace sustainability values in business Target fund is a qualified Sustainable and Responsible Investment fund Principal Malaysia has introduced the Principal Islamic Global Responsible Equity Fund, a Shariah-compliant investment fund that provides investors with an opportunity to invest across a diversified portfolio of equities while considering sustainability criteria. The fund feeds into the Islamic Global Responsible Equity Fund, the target fund managed by Principal Islamic.

Fund aims for companies that embrace sustainability values in businessPrincipal Malaysia has introduced the Principal Islamic Global Responsible Equity Fund, a Shariah-compliant investment fund that provides investors with an opportunity to invest across a diversified portfolio of equities while considering sustainability criteria.The fund feeds into the Islamic Global Responsible Equity Fund, the target fund managed by Principal Islamic.

Disclosure: Hardesh Singh, Editor of Sustainability Matters is a registered consultant with Principal Asset Management Bhd.

 

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