Shariah-compliant funds are investment funds that comply with Islamic law.
They are different from conventional investment funds because they have many requirements, such as the appointment of a Shariah board and prohibition from investing in companies that derive most of their income from the sale of alcohol, pork products, gambling, etc.
While Shariah-compliant funds have grown at a respectable pace, it is difficult to accurately estimate the industry’s size or valuation.
Group/Investment | Inception Date |
27four Shari’ah Balanced FoF A1 | 5/9/2011 |
Camissa Islamic Balanced A | 5/4/2011 |
Element Islamic Balanced SCI A | 4/28/2010 |
Oasis Crescent Balanced High Eq FoF B | 4/6/2010 |
Sentio SCI HIKMA Shariah Balanced A1 | 3/1/2017 |
STANLIB MM Shari’ah Balanced FoF B1 | 3/25/2015 |
27four Shari’ah Income A1 | 3/20/2017 |
Camissa Islamic High Yield | 3/11/2019 |
Oasis Crescent Income A | 4/1/2010 |
Old Mutual Albaraka Income A | 3/31/2020 |
27four Shari’ah Active Equity A1 | 9/11/2008 |
Camissa Islamic Equity A | 10/1/2010 |
Element Islamic Equity SCI A | 2/1/2006 |
Oasis Crescent Equity A | 7/31/1998 |
Old Mutual Albaraka Equity A | 6/1/1992 |
Sentio SCI HIKMA Shariah General Eq A1 | 3/1/2017 |
Visio BCI Shari’ah Equity Fund C | 6/14/2018 |
Oasis Crescent Balanced Stable FoF B | 4/6/2010 |
FNB Islamic Balanced A | 1/6/2021 |
Oasis Crescent Bal Progressive FoF A | 3/2/2005 |
Old Mutual Albaraka Balanced A | 11/12/2010 |
Camissa Islamic Global Equity FF A | 1/7/2019 |
Element Islamic Global Equity SCI A | 10/26/2012 |
Oasis Crescent International FF A | 9/28/2001 |
Oasis Crescent Intl Balanced Low Eq FF B | 6/15/2016 |
Visio BCI Shari’ah Wwd Flx Prprty C | 6/1/2021 |