Canada’s Manulife adds Islamic funds to meet growing demand in North American market
Manulife, a Toronto-based insurance and financial services firm with around $826 billion of assets under management, has added two Sharia-compliant funds to its portfolio to meet growing demand from Canadian Muslim investors.
Manulife Canada Retirement launched the Manulife SP Funds S&P 500 Shariah Industry Exclusions ETF (exchange traded fund) Fund and the Manulife SP Funds Dow Jones Sukuk ETF Fund to its iWatch platform.
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