RHB Islamic AM launches SRI Shariah compliant fund

RHB Islamic International Asset Management CEO Farid Kamarudin expected its RHB i-Global Sustainable Disruptors Fund to achieve RM100mil in asset under management within the first six months.

KUALA LUMPUR: RHB Islamic International Asset Management Bhd (RHBIIAM) launched its RHB i-Global Sustainable Disruptors Fund and targets to have RM100mil in assets under management within the first six months.

It said on Thursday the Shariah compliant equities fund is its first sustainable and responsible investment fund subjected to environmental, social and governance (ESG) criteria and methodology.