KAF Investment Funds has launched a new global Islamic equity fund aimed at investors seeking wider international exposure while remaining fully compliant with Shariah principles. The new fund, known as the KAF Global Islamic Equity Fund (KGIEF), provides access to Shariah-compliant equities across both developed and emerging markets.
The fund is designed to capture long-term global growth opportunities through investment themes such as artificial intelligence, electric vehicles, energy transition, software innovation, and changing consumer trends. According to KAF Investment Funds, the portfolio will include exposure to major global companies including NVIDIA, Microsoft, and TSMC while maintaining strict adherence to Islamic investment guidelines.
KGIEF will mainly focus on sectors such as technology, healthcare, and consumer goods, allowing investors to diversify their portfolios beyond the domestic Malaysian market. The fund is targeted at individuals with a medium-to-high risk appetite who are looking for long-term capital growth through Shariah-compliant investments.
Mohammad Fariz Ahmad Shamsuddin, CEO of KAF Investment Funds Berhad, said that diversification continues to play an important role in investment strategies as global economic conditions evolve. He added that the fund was created to help investors reduce domestic market risks while benefiting from structural global growth trends.
The minimum initial investment for the fund is RM1,000, while subsequent investments can be made from RM100 onwards. The fund uses the Dow Jones Islamic Market World Index as its benchmark in ringgit terms.
Investors can subscribe to the fund online through eUnittrust or via registered consultants from KAF Investment Funds and Phillip Mutual.