MFEX adds Salam Pax to Fund Platform

Edale’s Luxembourg-domiciled Sicav fund range is now available through MFEX Mutual Fund Exchange AB. This will apply in all countries where the Sicav is registered for public distribution and MFEX’s clients operate. This agreement widens Salam Pax SICAV distribution network in Europe and Asia. MFEX is an independent fund marketplace offering financial institutions an automated,

Salam Pax fund range now available via Calastone order routing

Salam Pax funds can now be transacted via Calastone’s international order routing network that will support Salam’s cross-border and international activities. The Salam Pax fund range is the first Shariah-compliant fund suite available as risk-profiled products and is recognized an early mover by making this Islamic fund range available as an RDR-compliant ‘unbundled’ fund share

SwissLife expands family takaful investment options with Sukuk Fund

Swiss Life launched its newest investment-linked fund, in partnership with Salam Pax Funds, called Serenity Sukuk; an Islamic investment fund that aims to achieve consistent total growth over the medium to long term. Swiss Life Insurance and Heritage believes the partnership will enable SwissLife to strengthen its partnership with insurance advisers and reinforce the product proposition

Salam Pax Sukuk Fund registered in France and UK

Salam Pax SICAV announced today the registration in France and the UK of the Serenity Sukuk Sub-Fund. The general public are now able to invest in both the Ethical Funds of Funds and Serenity Sukuk Funds. Salam Pax’s success in building the Ethical Fund of Funds investor base and robust returns has supported the business to strengthen the range of funds and open them to the general public. Salam Pax now comprises two risk profiled strategies that can be blended to match most investors’ risk appetite. The new registrations widen Salam Pax distribution footprint in the European institutional and wholesale markets allowing the fund to accept investments from an broader investor base.