The Camissa Islamic Balanced Fund is a Sharia compliant fund which aims to provide Muslim investors with long term capital growth. Sharia, when plainly translated, means "the way" and is the Islamic religious law that governs day-to-day life in Islam.
Sharia compliant investing is an area of contemporary finance that is growing in popularity among many investment houses. This fund has a moderate level of risk.
Are Muslim investors requiring a Sharia compliant portfolio which is appropriate for retirement schemes.
Want to preserve the purchasing power of their capital over the long term
Benchmark
The Camissa Islamic Balanced Fund aims to outperform its peers in its fund category, the South African - Multi Asset - High Equity category.
Strategy of Camissa Islamic Balanced Fund
The Camissa Islamic Balanced Fund complies with the prudential restrictions for retirement funds, thus is suitable for investors saving for retirement. The fund invests in both domestic and foreign assets
The Kagiso Islamic Balanced Fund invests in mainly in socially responsible stocks which exclude non Shari compliant companies such as casinos, and alcohol and tobacco companies.