Shariah-compliant fintech firm Saturna has officially launched its digital investment platform which claims to not impose any sales or redemption charges as well as hidden fees.

Saturna manages two shariah-compliant equity trust funds in Malaysia, namely the ICD Global Sustainable Fund and the ASEAN Equity fund, which offer investors exposure to global and regional investments respectively.

Both funds are authorised by the Securities Commission Malaysia, and invest in a diversified portfolio that favours stable earnings for the long-term.

Potential investors will also have flexibility when they choose to invest as Saturna’s funds do not come with a minimum holding period.

In addition to Islamic principles, Saturna’s funds also comply with global Environmental, Social, and Governance (ESG) standards, where investments are made in companies engaging in socially-responsible and environmentally-friendly business practices or products.

Saturna is a wholly-owned subsidiary of US-based Saturna Capital which entered the Malaysian market in 2010. The company has listed the National Higher Education Corporation Fund (PTPTN) and the Employees’ Provident Fund (EPF) as some of its largest corporate investors.

“Our new online platform is designed to be simple and secure for a seamless user experience. It’s accessible enough for anyone to start investing in shariah-compliant solutions instantly, regardless of their experience or investment budget.”

said Shahariah Binti Shaharudin, President of Saturna.

“With this online platform, Saturna has led the way in making Islamic-based investment opportunities more available to a wider audience, enabling more individuals to benefit from the wealth of expertise they have to offer,”

said Ruslena Ramli, Director of Digital Finance and Islamic Digital Economy of MDEC when officiating the launch.