MIDF Amanah AM Launches ESG Mustadamah Fund to Invest in Shariah-Compliant Equities in Malaysia 

MIDF Amanah Asset Management (MIDF Amanah AM) has launched a new environmental, social and governance (ESG) Mustadamah Fund (MAEM) on the 18th of June 2021. MAEM is an investment solution for the local equity market which integrates ESG based on the FTSE4Good Bursa Malaysia (F4GBM) Index’s constituent Shariah companies.

Why it Matters?

The MAEM, which has been fully screened by the Securities Commission of Malaysia, is MIDF Amanah AM’s first sustainable and responsible investment fund targeting medium to long-term sustainable capital appreciation. The fund invests in a portfolio of Shariah-compliant equities in Malaysia that are guided by sustainable investing principles, and aligned with the ESG index. According to Mohamed Sany Mohamed Zainudin, Chief...