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Maybank AM launches first Sharia-compliant balanced fund in Singapore

Maybank Asset Management Singapore has launched its first Sharia-compliant balanced fund in the city-state. It expects a continuous growth in Sharia AUM because such investment preferences align with ESG strategies which are gaining popularity in Asia. The Malaysian bank made an announcement on Thursday about the launch of the Maybank Asian Growth and Income – Islamic Fund in Singapore. By…

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