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RHB launches Shariah-compliant sustainable technology fund

The RHB i-Sustainable Future Technology fund offers investors access to Shariah-compliant technology companies.
A Malay Muslim woman standing by a window of a traditional Malay house in a village and using a mobile phone.

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.

Part of the Mark Allen Group.