Lion Global Investors (LGI) and BIBD Securities Sdn Bhd (BIBDS) have launched the Lion-BIBDS Islamic Income & Growth Fund, a globally diversified, Shariah-compliant multi-asset fund designed to provide investors with regular income and long-term capital appreciation.
According to LGI, the actively managed fund invests in ethically screened global assets, combining growth opportunities with income generation while remaining aligned with Islamic investment principles. The launch marks the second collaboration between LGI and BIBDS following the introduction of the Lion-BIBDS Islamic Enhanced Liquidity Fund in March 2024.
The fund allocates approximately 70% of its portfolio to Shariah-compliant global equities to capture long-term growth opportunities, while around 30% is invested in Shariah-compliant fixed-income instruments to support regular income generation and capital preservation. It may also hold cash, cash equivalents, and Islamic liquidity instruments as part of its investment strategy.
To achieve broad diversification, the fund may invest in a range of Shariah-compliant collective investment schemes and exchange-traded funds (ETFs), including global Islamic equity and fixed-income strategies approved by its Shariah advisory body. A small allocation to Shariah-compliant gold ETFs may also be included to further diversify the portfolio.
Investors can choose between an accumulation option and a quarterly income distribution option. Any distributions will be subject to a Shariah-guided dividend purification process to ensure continued compliance with Islamic investment principles.
Teo Joo Wah, Chief Executive Officer of Lion Global Investors, said the new fund builds on the strong foundation of the companies’ first collaboration in 2024 and brings together income generation and long-term growth within a single globally diversified Shariah-compliant portfolio. He added that the partnership reflects LGI’s commitment to supporting investors in Singapore, Brunei, and the wider region in achieving their long-term financial goals while remaining aligned with their values.
Jason Wong, Managing Director of BIBD Securities, said the Lion-BIBDS Islamic Income & Growth Fund provides clients with globally diversified investment opportunities offering the potential for sustainable income and long-term capital appreciation while remaining fully aligned with the Shariah principles that guide the firm.