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NEST Selects HSBC Amanah For Shari’ah Fund

The National Employment Savings Trust has selected HSBC Life Amanah Pension Fund for its Shari’ah fund.

The National Employment Savings Trust (NEST) has selected HSBC Life Amanah Pension Fund for its Shari’ah fund, CPIFinancial reports. The HSBC fund permits investors to invest in equities in a Shari’ah-compliant manner.

The fund tracks the Dow Jones Islamic Titans 100 Index, which consists of Shari’ah-compliant companies, including Exxon Mobil and Microsoft. The funds are designed to be ready when NEST’s members retire.

Click here for the story from CPI Financial.

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