Ethical investing is an investment approach that aligns an individual’s moral beliefs with the investment philosophy of a fund.

Islamic Finance is a growing subset of ethical investing alongside Environmental, Social and Governance (ESG) and Socially Responsible Investing (SRI). The principles driving the three investment styles often overlap and complement each other because at the cornerstone of all three, is the long-term sustainability of investors’ assets and the economy

Islamic funds invest in accordance to Shari’ah principles 

Shari’ah Funds differ from other ethical investments in that they also exclude debt-bearing instruments. Investors therefore also inherently avoid the risks which result from companies taking excessive leverage. Shari’ah funds also offer an additional layer of governance in that investments are mandated to appoint an independent Shari’ah Board that ensures that each investment decision complies with Islamic principles; a practice which promotes fairness and transparency.

STANLIB Multi-Manager Shari’ah Balanced Fund of Funds

The underlying managers are not permitted to invest in interest bearing instruments or companies whose core business

The STANLIB Multi-Manager Shari’ah Balanced Fund of Funds is approved by STANLIB’s Shari’ah Supervisory Board. The Fund’s construct consists of both specialist and balanced managers making it the first of its kind in South Africa. Through its construction framework investors benefit from superior diversification across multiple asset classes domestically and globally, multiple styles and multiple managers. is alcohol, pork, tobacco, gambling, conventional interest-based financial services, or weapons and defence.

Investment objective

The objective of the Fund is to provide investors with a Shari’ah compliant fund that combines prudent risk management, market out performance and Shari’ah principles, while also complying with Regulation 28 of the Pensions Fund Act

Product specifications