Your money will only be allocated to investments that have been screened by Ideal Ratings (as per AAOIFI Shari’ah standards) as being Shariah-compliant and certified by ISRA as being Sharia-compliant investments. This means investments that are governed by the requirements of Shariah law and the principles of Islam.
Ideal Ratings will filter out any shares and ETF’s that are not shariah-compliant from the investment universe that we use to build direct share portfolios. The assets included in the final recommendation is then certified as Shariah-Compliant by ISRA (Islamic Science & Research Academy) who also reviews the final investments.
Due to your requirement for a Sharia compliant portfolio, we cannot allocate to traditional defensive asset classes such as fixed interest and cash over a certain amount. Therefore, we replaced these asset classes by allocating part of your money to Gold, alternatives, other commodities, REITS and in some cases by having a higher allocation to shares that you would normally have in your portfolio.