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, secure and cost efficient solution for trading mutual funds as well as calculating and recovering rebates on trail fees. 700+ fund companies from 40 legal domiciles worldwide make their funds available via MFEX.

Edale advises ethical and morally responsible investment funds, under the brand Salam Pax. The risk graded building block funds appeal to investors seeking funds that match their religious beliefs and are certified sharia compliant. The global bond and multi-asset funds offer clients’ a halal savings solutions whether they live in Europe, Middle East or Asia.

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