SP Funds Introduces Sharia-Compliant Target Date Funds: Empowering Investors with Diverse and Ethical Investment Options
02 July 2024 - 8:30PM
SP Funds, a leading provider of innovative investment solutions,
proudly announces the launch of its new Sharia-compliant Target
Date Funds, designed to offer investors a blend of performance and
ethical investing.
As a global financial institution, SP Funds recognizes the
growing demand for investment products that align with diverse
cultural and ethical values. In response to this demand, the
company has meticulously crafted a suite of Target Date Funds
adhering to Sharia principles, providing investors with the
opportunity to achieve their financial goals while staying true to
their beliefs.
Sharia-compliant investing operates within the principles of
Islamic finance, avoiding investments in companies involved in
industries such as alcohol, gambling, and pork products, among
others. SP Funds' Sharia-compliant Target Date Funds offer
investors a diversified portfolio that respects these principles
while seeking to optimize returns over time.
"We are thrilled to introduce our new suite of Sharia-compliant
Target Date Funds, which reflect our commitment to providing
inclusive and ethical investment solutions," said Naushad Virji,
CEO of SP Funds. "With these new funds, investors can pursue their
financial objectives in a manner that aligns with their religious
and ethical convictions."
SP Funds' Sharia-compliant Target Date Funds offer a
comprehensive range of investment options tailored to investors'
retirement goals, adjusting asset allocations over time to manage
risk and maximize returns as the target date approaches. By
combining the principles of Sharia-compliant investing with the
convenience and diversification of Target Date Funds, SP Funds aims
to empower investors to build wealth in a manner consistent with
their values.
For more information about SP Funds' Sharia-compliant Target
Date Funds, please visit www.sp-funds.com.
About SP Funds:
SP Funds is a leading provider of investment solutions, offering
a wide range of products and services designed to meet the diverse
needs of investors worldwide. With a commitment to innovation,
performance, and integrity, SP Funds strives to deliver superior
investment outcomes while adhering to the highest standards of
ethical conduct.
Before investing you should carefully consider the
Fund’s investment objectives, risks, charges and expenses. This and
other information is in the prospectus. A prospectus may be
obtained by clicking here:SPUS
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Foreside Fund Services, LLC, Distributor
info@sp-funds.com (425) 409-9500