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What's New In Investments, Funds? – AIA Singapore
Editorial Staff
17 April 2025
has launched the AIA Shariah Global Diversified Fund which will be made available to customers through a variety of investment-linked plans. Shariah-compliant funds don’t invest in areas such as gambling, alcohol, tobacco, pork and adult entertainment. Also, they don’t invest in interest-bearing instruments, preferring Shariah-compliant structures known as Sukuk, instead. Sukuk bear some resemblance to bonds, except that their structure is more akin to equity than debt as a way of handling the ban on interest.
The plans are AIA Pro Achiever, AIA Pro Achiever 2.0, AIA Pro Lifetime Protector, AIA Pro Lifetime Protector (II) and AIA Invest Easy (Cash/Supplementary Retirement Scheme) (SRS). Existing customers of these plans may perform a fund switch or a top-up into this fund, AIA Singapore said in a statement.
The firm said it is Singapore’s first insurer to launch the Shariah Balanced ILP fund.
“The overlap between Shariah-compliant finance and environmental, social and governance principles will also see non-Muslim consumers interested in the fund to maximise capital growth while investing responsibly,” Liu Chun Yen, chief investment officer, AIA Singapore, said.