Overview
Description
The Invesco Dow Jones Islamic Global Developed Markets Fund is an investment fund that aims to provide investors with exposure to the developed markets worldwide, adhering strictly to Shariah law. This fund is meticulously constructed to align with Islamic principles, meaning it excludes certain sectors such as alcohol, gambling, and financial services that involve interest-based income, thereby making it a suitable choice for Muslim investors seeking ethical financial practices. It primarily focuses on companies in developed economies that demonstrate strong financial health and competitive market positions across various sectors, including technology, healthcare, and consumer goods. The fund’s role is significant as it caters to a growing demand for Shariah-compliant investment solutions, offering a means of diversified growth while adhering to religious guidelines. By investing in equities from a range of industries globally, the fund provides potential stability and growth opportunities inherent in developed market economies. Managed by Invesco, a reputable firm in asset management, it leverages their expertise to optimize the portfolio's performance within the ethos of Islamic finance.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Switzerland
MIC code
XSWX