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 of its investment-linked Takaful plan, Salam Epargne & Placement. Swiss Life launched in 2012 what is believed to be Europe’s first family takaful product for local residents, primarily aimed at French customers looking for Islamic finance or ethical investment solutions. There are now three takaful savings plans available in France.

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Posted in Salam Pax SICAV.