MALAYSIA: AmInvestment Bank (AmInvest) has relaunched AmBon Islam as an SRI fund that incorporates sustainability in its securities selection by investing in companies that are well governed and with positive environmental and responsible investments, a press release read.
Ambon Islam joins the group’s existing range of SRI-qualified funds such as the AmIslamic Global SRI (Islamic equity unit trust fund) as well as other SRI-qualified wholesale funds which include its Sustainable Series: Positive Change Fund, Climate Tech Fund, Nutrition Fund, Health Fund and Sustainable Outcomes Global Equity Fund.
AmInvest added that there will be more conversions of its existing funds to SRI-qualified funds in the coming months.