The fund only invests in investments screened by a. Shari’ah Advisory Board. The fund will not invest in any company that involves interest-bearing transactions, gambling, alcohol and tobacco, arms and ammunition or adult entertainment.
The ARM Ethical Fund is an open-ended Islamic fund designed to enable investors acquire holdings in Shari’ah complaint investments.
The primary objective of the Fund is to achieve long-term capital appreciation and income distribution through investments in a select portfolio of securities and assets in accordance with the principles of Islamic finance and ethical values.
Certain sectors that hold stocks such as Tobacco, Breweries and Entertainment are secluded from the Fund’s portfolio. It is suitable for investors who would like to invest according to their moral beliefs and also wish to achieve long-term capital growth. The minimum investment is N10,000.00; and additional investment is N5,000.00.
Bank Account details:
GTB 0051891760
First Bank 2018262023
Zenith Bank 1012732194