Why Invest in
The Islamic Stewardship portfolio is Shariah-compliant. Traditional Shariah-compliant portfolios typically remove companies profiting from haram products or services. In addition to doing this, our Islamic Stewardship portfolio also prioritizes investing in companies that comply with Islamic values as defined by the Maqasid al Shariah. An Islamic principle is that Allah provides us a better halal substitute for everything that is haram. The Maqasid values provide guidance on the better substitutes for behavior. These values were applied to an investment model for corporate governance best practices to create the Islamic Stewardship model.
The resulting portfolio recognizes and rewards companies for demonstrated good behavior. Muslims now have a portfolio that allows them to invest in a manner that is both Shariah-compliant and rewarding of companies that do good.
Honesty and Transparency
The more honest and transparent a company is with its shareholders, customers, suppliers, employees, competitors, and communities in which the company operates, the greater the opportunity for a positive impact on equity valuations.
Behavior Over Intent
Measuring good governance is not easy. Just because rules and regulations are in place does not mean that they are enforced. A key factor in determining good governance is behavior versus self-described intent.
Please download the Magni Islamic Stewardship Fact Sheet for more information about the portfolio.
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