Digital investment platform StashAway has launched its new Shariah Global Portfolio in the UAE, a direct response to the growing demand for accessible, digital-first, and values-based investment solutions in the country. The new offering provides investors with a simple way to build globally diversified, Shariah-compliant portfolios.
By The Numbers
- Portfolio Risk Levels: 4
- 5-Year Historical Returns: Up to 13.7% per annum
- Global Islamic Finance Market (by 2028): est. $7.5 Trillion
- Management Fee: 0.2% – 0.8% per annum
Tapping Into a High-Growth Market
The launch is strategically timed to capitalize on the booming Islamic finance sector. This values-based investment approach has also demonstrated strong performance, with major Shariah equity indices like the S&P 500 Shariah Index outperforming their conventional counterparts over the past decade. StashAway’s own Shariah-compliant portfolios have recorded five-year annualized historical returns of up to 13.7%, depending on the risk level selected.
“Our goal is simple: to give people a simple, intelligent way to grow their wealth while staying true to their beliefs,” said Raaed Sheibani, UAE Country Manager at StashAway. “As a Muslim, I’m honoured to support others in investing with confidence through portfolios that are Shariah-compliant, globally diversified and built on data.”
What’s Inside the Portfolio
StashAway’s Shariah Global Portfolios are constructed using low-cost, Shariah-compliant Exchange-Traded Funds (ETFs). This provides investors with diversified exposure to a range of asset classes, including:
- Global Equities: Including high-growth sectors like technology and emerging markets.
- Sukuk: Islamic bonds that provide fixed-income exposure.
- Gold: A traditional safe-haven asset.
The portfolios are professionally managed and dynamically re-optimized by StashAway’s investment team to maximize returns within an investor’s chosen risk level.
Accessible and Transparent Investing
True to its model, StashAway is making this new product highly accessible. Key features include:
- No minimum investment
- No lock-in periods
- A low annual management fee ranging from 0.2% to 0.8%
- Easy setup for recurring investments to facilitate long-term wealth building.
About StashAway
StashAway is a digital investment and wealth management platform that provides data-driven, globally diversified investment solutions. It offers a suite of products for retail and accredited investors with a focus on transparency, low costs, and accessibility.
Looking Ahead
StashAway’s launch of a dedicated Shariah-compliant product significantly broadens the accessibility of ethical investing for the UAE’s digitally-savvy population. This move directly challenges the traditional wealth management space by offering a low-cost, transparent, and values-aligned alternative, which will likely prompt other regional and international robo-advisors to strengthen their own Islamic finance offerings.
Source: Fintechnews Middle East
