RHB Islamic International Asset Management, the Islamic management arm of RHB Banking Group, has launched Malaysia’s first Shariah-compliant sustainable technology fund, in collaboration with Janus Henderson Investors.
Called the RHB i-Sustainable Future Technology Fund, it offers investors access to Shariah-compliant technology companies with a focus on sustainability and the green economy, RHB announced on 22 June.
The fund prioritises investments with a focus on environmental and social change such as climate change, resource constraints, population growth, poverty and inequality and ageing population, within the Shariah-compliant framework.
As at March-end, RHB Asset Management and RHB Islamic International Asset Management’s combined assets under management stood at $4.5bn.
