IslamicFinance.de

Islamic Corporation for the Development of the Private Sector (ICD) and Saturna Sdn. Bhd., a wholly-owned subsidiary of US-based Saturna Capital Corporation, plan to sign an agreement to cooperate in offering sustainable Islamic investment vehicles. The parties sign the agreement at the Responsible Finance Summit in Kuala Lumpur on March 30. This partnership highlights ICD’s dedication to promoting the adoption of responsible investment principles in Islamic finance. In choosing Saturna as its partner, ICD will be tapping the firm’s expertise in global values-based investing and its experience in managing US-based Amana Funds as well as Saturna Sustainable Funds.