Ajman Bank partners with Franklin Templeton, launching Shariah-compliant global investment funds in UAE

Ajman Bank has entered into a strategic partnership with Franklin Templeton, a global asset manager with $1.62 trillion under management. The partnership offers a suite of Shariah-compliant investment solutions to wealth management clients in the UAE.

The collaboration will provide investors access to select Luxembourg-domiciled Franklin Templeton Shariah funds, including the Franklin Shariah technology fund, Franklin Shariah global multi-asset income fund, and Templeton Shariah global equity fund. These actively managed portfolios will allow UAE clients to diversify across global markets while adhering to Islamic finance principles.

“This partnership strengthens our customers’ reach to best-in-class investment solutions and a diversified portfolio of global Shariah-compliant investment funds, and reflects our commitment to meeting the evolving needs of investors in the UAE,” said Mustafa Al Khalfawi, CEO of Ajman Bank. “By working with Franklin Templeton, we aim to deliver high-quality, Shariah-compliant solutions through a trusted local platform.”