{"id":62348,"date":"2024-03-25T16:12:34","date_gmt":"2024-03-25T08:12:34","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=62348"},"modified":"2024-03-25T16:12:34","modified_gmt":"2024-03-25T08:12:34","slug":"airo-shariah-compliant","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/airo-shariah-compliant","title":{"rendered":"Investment Platform Airo Introduces Actively Managed Shariah-Compliant Portfolios"},"content":{"rendered":"
Airo, has introduced new Shariah-compliant investment opportunities to local investors; offering a range of innovative Shariah-compliant portfolios, which combine the best aspects of ethical investing and state-of-the-art financial technology.<\/p>\n
The financial instruments included in Airo\u2019s Shariah-compliant portfolios\u2019 are:<\/p>\n
(i) global Shariah-compliant equity & sukuk ETFs;
\n(ii) global Shariah-compliant exchange traded commodities (ETCs);
\n(iii) global Shariah-compliant equity & sukuk mutual funds;
\n(iv) direct exposure to global Shariah-compliant equity;<\/p>\n
Airo\u2019s venture into Shariah-compliant investing opportunities is something that is aligned with their goal of providing responsible investing opportunities, according to their Chief Executive Officer, Mr. Sho Toh Yih Jang.<\/p>\n
\u201cWith Airo, investors embark on a journey where financial aspirations meet responsible investing, all within a framework that respects and upholds the principles of Shariah law. In curating our portfolios, we focus on companies with strong management, prioritising sustainable growth over short-term gains \u2014 some key indicators of this include stability in earnings and a strong balance sheet, coupled with the ability to generate free cash flow, to name a few. Our end goal is to ensure that we provide optimal investment opportunities for our clientele,\u201d Sho said.<\/p>\n
What sets Airo apart from their competitors who also offer Shariah-compliant investment opportunities is that Airo uses the application of their proprietary active management strategy, as harnessed in their conventional Balanced, Opportunistic, Contrarian and Adventurous (BOCA) portfolios.<\/p>\n
This allows a diversified approach suitable to a wide range of users, depending on the risk profile that is acceptable for the users.<\/p>\n
The global demand for Shariah-compliant financing services has seen surge in the past few years, especially in Malaysia which claimed 41% of the Islamic Financing market share by the end of 2022. Following this trend has seen the current domestic Shariah-compliant market capitalisation has rise to 66%<\/a> on the Bursa Malaysia.<\/p>\n","protected":false},"excerpt":{"rendered":" Riding the wave of a surge in demand of Shariah-compliant investing opportunities, Airo has introduced an actively managed Shariah-compliant portfolio.<\/p>\n","protected":false},"author":51,"featured_media":62349,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,216],"tags":[1833,400,2096,773,1737,660,2095,557,1074,1082],"class_list":["post-62348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-news-updates","tag-airo","tag-apple","tag-equity","tag-etf","tag-google","tag-investment","tag-mututal-funds","tag-shariah","tag-shariah-investing","tag-shariah-compliant"],"acf":[],"yoast_head":"\n