Muslim plan members have had limited options when it comes to investment opportunities that align with their religious beliefs. Funds that invest with a Shariah approach can offer a solution for Muslims looking to invest in alignment with their religious or personal values. Most importantly, these Shariah-aligned investment solutions help provide an opportunity for all plan members to participate in their group retirement savings plans.
That’s one of the reasons we are offering products that meet their retirement investment needs – we wanted to help those members who until now have had limited investment opportunities to have greater access to financial opportunities. We were listening to our clients, plan sponsors, who also recognized this opportunity and saw its value for their employees. With this new offering, we will enable our sponsors with more opportunities to support their employees, communities, and attract diverse talent to their companies thanks to inclusive retirement offerings.
Manulife is adding two funds which align with Shariah principles to the i-Watch platform — the Manulife SP Funds S&P 500 Shariah Industry Exclusions ETF and the Manulife SP Funds Dow Jones Sukuk ETF Fund. With these new funds, Muslim plan members can build a diverse portfolio with broad equity and fixed income-like exposure and align their retirement portfolio with their religious values and their risk tolerance.
Notes:
Manulife is adding two funds which align with Shariah principles to the i-Watch platform — the Manulife SP Funds S&P 500 Shariah Industry Exclusions ETF and the Manulife SP Funds Dow Jones Sukuk ETF Fund. With these new funds, Muslim plan members can build a diverse portfolio with broad equity and fixed income-like exposure and align their retirement portfolio with their religious values and their risk tolerance.