AMAL - Saturna Al-Kawthar Global Focused Equity UCITS ETF - Acc
AMAL - Saturna Al-Kawthar Global Focused Equity UCITS ETF - Acc
An actively managed, global equity ETF focusing on Shariah-compliant stocks with positive ESG characteristics.
Ticker:AMAL
The Saturna Al-Kawthar Global Focused Equity UCITS ETF (ticker: AMAL) is an actively managed global equity ETF focusing on Shariah-compliant stocks with positive ESG characteristics.
The AMAL Shariah-compliant ETF aims to achieve long-term capital appreciation and exhibits the primary features of Islamic financial products: it is asset backed, ethical, shares risks equitably and is subject to good governance. The ETF typically invests in 30-45 stocks high quality, attractively priced global companies that are best-in-class on a variety of ESG, financial and valuation metrics and have solid growth prospects. The ETF invests globally and is benchmark agnostic in terms of geographic and industry allocations.
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