Investment platform Tillit has launched a range of Shariah-compliant investment opportunities for its workplace pensions clients and retail customers.
Tillit, which operates a workplace Sipp is launching two new equity funds within this range while will complement its existing Gold ETC, which is also Shariah-compliant.
The new funds include the Saturna Al-Kawthar Global Focused Equity fund, which invests in a concentrated selection of high-quality growth companies. The investment process integrates both Islamic principles and broader ethical criteria, with managers combining quantitative scoring with qualitative assessments to select stocks that align with both sustainability goals and Islamic values.
Tillit is also offering HSBC Islamic Global Equity Index on its platform, a passive fund tracking the Dow Jones Islamic Market Titans 100 Index. This index includes some of the world’s largest companies and excludes sectors prohibited by Islamic finance principles, such as conventional financial services, alcohol, tobacco, pork-related products, weapons, and certain entertainment industries.
The platform also offers access to the Royal Mint Responsibly Sourced Physical Gold ETC, a passive alternative asset fund providing exposure to gold, without having to physically own the precious metal directly.
Tillit chief investment officer Sheridan Admans says: “By launching a collection of options, we hope to cater to a broad range of customers seeking to invest in funds that comply with Islamic investing principles, reinforcing our commitment to inclusivity and investor choice when most other workplace pension providers typically only offer one Sharia fund.”
“The Sharia collection includes a mix of passive and active investment opportunities across asset classes. While rooted in Islamic principles, the investment philosophy of these funds may also appeal to a broader group of ethical investors who value transparency, responsible financial practices, and alignment with personal values.”