IslamiQ enhances online funds service

IslamiQ has introduced a revamped section on its Web site that provides information on, and the opportunity to buy, Islamic mututal funds.

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By  David Ingham Published  June 7, 2001

IslamiQ has introduced a revamped mutual funds Web site, IslamiQFunds.

The site provides information on a wide range of Islamic investment funds, in English and Arabic. IslamiQ claims it is the first online funds supermarket dedicated exclusively to Islamic investment products.

“In line with our mission to open up Islamic investment opportunities to the wider investor public, we have enhanced the new IslamiQFunds site to offer a more user friendly transactional interface,” Dr Hasnita Hashim IslamiQ CEO. “It is aimed to cater to the entire range of Muslim investors, including both first time investors, as well as experienced investors.”

IslamiQFunds currently offers information on funds managed by The International Investor, Permal Asset Management, Royal Bank of Canada, and Pictet & Cie. Fact sheets on each of the funds are provided, along with comparative data that can be used to assess performance across the range of funds featured.

IslamiQ has an arrangement with Towry Law International to provide offline financial advice to IslamiQ customers. Investors can consult with Towry’s advisors before going online to make a purchase.

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