Principal launches ESG-focused Shariah-compliant investment fund

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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.

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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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