Aviva launches Shariah investment strategy
Aviva is set to launch a Shariah lifestyle investment strategy.
It enhances its existing Shariah offering and will include a suite of funds compliant with Islamic principles.
Umar Yaqoob, workplace investment proposition manager at Aviva, said: “Historically across the market Shariah investors have broadly had to make their own investment choices and have relied on a single fund solution without access to de-risking.
“Solutions in the market are starting to evolve, but it’s important these go beyond just moving investments from a higher risk to a lower risk fund and consider the different ways people will access their pension.”
Aviva said the new strategy will offer members a greater choice of options as they approach retirement…
