StashAway, a Malaysia-based digital wealth management platform, has announced the release of its Shariah global portfolios.
StashAway said in a statement on Wednesday that these Shariah-compliant diversified portfolios have delivered back-tested returns of up to 14.4 percent annually over the past five years.
These global portfolios address Malaysia’s rapidly growing demand for Shariah- compliant investment solutions while delivering solid risk adjusted performance.
The portfolios have demonstrated strong 5-year annualized composite historical returns ranging from 7.3 percent to 14 percent annually, positioning them competitively against conventional investment options.
Built with low-cost Shariah-compliant exchanged traded funds (ETFs), which have ample liquidity and low tracking errors, clients benefit from efficient execution.
“We are proud to offer a solution that empowers more Malaysians to grow their wealth with their Shariah-compliant values,
“With our Shariah Global Portfolios delivering competitive double-digit returns, investors can access global growth opportunities while staying aligned to Islamic principles,” said Wong Wai Ken, Country Manager, StashAway Malaysia.
“We believe that the global exposure of our Shariah-compliant offerings is highly complementary to Malaysians’ core investments such as Amanah Saham Bumiputera and retirement-focused Employee Provident Fund which provide primarily domestic exposure,” he added.
StashAway’s offering provides investors with four distinct risk levels to match different investor profiles, from moderate to very aggressive.
The globally diversified portfolios offer exposure, through ETFs, to global equities, US equities, emerging market equities global Sukuk and gold, helping reduce over-concentration risk.
Clients are also able to use these ETFs to build portfolios through StashAway’s Flexible Portfolios which include the asset classes listed above, alongside Silver, Bitcoin and Ethereum ETFs.
The firm’s Shariah-compliant offerings have been screened and certified by Masryef Advisory, a Shariah advisory firm registered with the Securities Commission Malaysia (SC).
Ongoing reviews ensure portfolios remain aligned with Islamic principles, giving investors peace of mind.
“Our partnership with StashAway reflects our shared commitment to enabling ethical, faith-aligned investing,” said Khairil Anuar, Principal, Masryef Advisory.
“Every ETF in the Shariah Global Portfolios has been rigorously screened and vetted based on globally recognized Shariah screening methodology,
“Investors can have confidence that their portfolios remain Shariah-compliant,” he added.
According to the statement, this launch comes at a time when Malaysia’s Islamic finance sector continues to expand, with increasing investor appetite for Shariah-compliant investment products that deliver competitive returns.
StashAway’s solution provides access to global markets which previously has proven difficult for individual investors to access cost-effectively.