Shariah-compliant water fund set to launch
Bahrain-based Robeco Middle East has announced that it will be launching one of the world’s first Islamic water funds.
The launch will be in association with their boutique SAM, one of the world’s leading asset managers in the field of sustainability investments, and in conjunction with Gatehouse Bank, one of the leading Islamic banks.
It will offer, on a global basis, the first-ever Sharia-compliant investment strategy in the area of water.
This investment strategy offers professional investors with a long-term investment horizon the opportunity to participate in the worldwide growth of forward-looking, sustainability-oriented companies involved in the entire value chain of water, while adhering to Sharia norms.