Global Iman Fund is a socially responsible Shari’ah compliant global equity fund that avoids investing in certain kinds of businesses or sectors such as alcohol, tobacco, pork related products, financial services, weapons, defense, entertainment and gambling. An investor in the Fund would have a moderate risk tolerance and a medium- to long-term investment horizon.
To achieve its fundamental investment objective, under normal circumstances the Fund will invest: a) directly in equity securities of public companies listed on the Dow Jones Islamic Market Titans 100 Index series (IMXLT); b) in instruments that mirror the performance of the IMXLT or instruments that mirror the performance of a selection of public companies listed on the IMXLT; and c) other investments that have been deemed Shari’ah compliant by an applicable Shari’ah advisory committee.