Investment Platform Airo Introduces Actively Managed Shariah-Compliant Portfolios

Airo, has introduced new Shariah-compliant investment opportunities to local investors; offering a range of innovative Shariah-compliant portfolios, which combine the best aspects of ethical investing and state-of-the-art financial technology.

The financial instruments included in Airo’s Shariah-compliant portfolios’ are:

(i) global Shariah-compliant equity & sukuk ETFs;
(ii) global Shariah-compliant exchange traded commodities (ETCs);
(iii) global Shariah-compliant equity & sukuk mutual funds;
(iv) direct exposure to global Shariah-compliant equity;

Airo’s venture into Shariah-compliant investing opportunities is something that is aligned with their goal of providing responsible investing opportunities, according to their Chief Executive Officer, Mr. Sho Toh Yih Jang.

“With Airo, investors embark on a journey where financial aspirations meet responsible investing, all within a framework that respects and upholds the principles of Shariah law. In curating our portfolios, we focus on companies with strong management, prioritising sustainable growth over short-term gains — some key indicators of this include stability in earnings and a strong balance sheet, coupled with the ability to generate free cash flow, to name a few. Our end goal is to ensure that we provide optimal investment opportunities for our clientele,” Sho said.

What sets Airo apart from their competitors who also offer Shariah-compliant investment opportunities is that Airo uses the application of their proprietary active management strategy, as harnessed in their conventional Balanced, Opportunistic, Contrarian and Adventurous (BOCA) portfolios.

This allows a diversified approach suitable to a wide range of users, depending on the risk profile that is acceptable for the users.

The global demand for Shariah-compliant financing services has seen surge in the past few years, especially in Malaysia which claimed 41% of the Islamic Financing market share by the end of 2022. Following this trend has seen the current domestic Shariah-compliant market capitalisation has rise to 66% on the Bursa Malaysia.