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null Sun Life Malaysia unveils Shariah-compliant, investment-linked takaful ESG fund

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Sun Life Malaysia unveils Shariah-compliant, investment-linked takaful ESG fund

24 Jun 2022 | Friday Source: The Edge Markets

Sun Life Malaysia Takaful Bhd has launched the Sun Life Malaysia Islamic Global Sustainable Fund, the first Shariah-compliant investment-linked takaful environmental, social and governance (ESG) Fund.

In a statement, the leading family takaful company said the new fund, managed by Nomura Asset Management Malaysia Sdn Bhd, aims to provide an affordable and accessible avenue for Malaysians to include ESG factors in their investments, while simultaneously achieving potential long-term capital appreciation and protection gains.

The new fund also aims to offer Muslim and non-Muslim clients an opportunity to invest in both fiscal performance and positive social and environmental issues.

Chief executive officer and president/country head of Sun Life Malaysia Raymond Lew said the newly introduced Takaful ESG fund, the second in its sustainability fund series, aims to accelerate the group’s ambition to make sustainable investing more accesible.

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