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asb capital and state street launch sharia compliant global equity fund

ASB Capital has partnered with State Street Global Advisors to launch a new Shari’a-compliant global equity fund, aimed at institutional and individual investors. Domiciled in the Dubai International Financial Centre and regulated by the Dubai Financial Services Authority, the fund will leverage SSGA’s expertise in active equity management to provide access to a diverse portfolio of high-quality global equities. This collaboration reflects a commitment to ethical investment solutions, catering to the growing demand in the Shari’a-compliant finance sector, projected to exceed USD 3.5 trillion by 2025.
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United States Dollar State Street Global Advisors Luxembourg SICAV - SSGA EMU ESG Screened Equity Fund ARE Michael Solecki Hichem Djouhri Laurina Emmanuel Show more
Finance & Economy, Press Release
17:17 13.04.2025

ASB Capital and State Street Launch Sharia-Compliant Global Equity Fund

ASB Capital has partnered with State Street Global Advisors to launch a Sharia-compliant global equity fund aimed at institutional, family office, and individual investors. The fund, managed by SSGA’s Active Fundamental Equity team, will provide access to a diverse range of publicly listed companies and is set to be domiciled in the Dubai International Financial Centre, regulated by the Dubai Financial Services Authority. This initiative reflects the growing demand for ethical investment products, with the Sharia-compliant finance industry projected to exceed USD 3.5 trillion by 2025.
WAYA
State Street Global Advisors Luxembourg SICAV - SSGA EMU ESG Screened Equity Fund ARE Hichem Djouhri Laurina Emmanuel
Business & Industry, Press Release
12:00 13.04.2025
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