The Futuregrowth Albaraka Equity Fund is strictly managed in accordance with Shari’ah (Islamic Law) and therefore does not invest in shares of companies whose core business involves dealing in alcohol, gambling, non-halaal foodstuffs or interest-bearing instruments. The Shari’ah Supervisory Board ensures the applicable Shari’ah principles are adhered to. This fund specifically adheres to the standards of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI).
