Objective

The Saaf Ethical Growth Fund is designed to give investors access to global equity and other UCITS eligible higher- risk growth assets.


Direct equities will be hedged into unit price currency to reduce investors exposure to non-domestic currency risk.

Key reasons to Invest

  • The Fund seeks to achieve this objective by investing into a blend of UK listed equities, balanced with other Collective investment schemes and ETFs that meet the requirements of the mandate for both sharia compliant and growth.

  • Direct asset GBP exposure will be hedged to a minimum of 50% into the unit class currency for EUR and USD using Tahawwut contracts.

  • The Fund can move to a maximum of 10% cash should market conditions dictate.

At a glance