IslamicFinance.de

UBL Funds introduced the UBL Islamic Principal Preservation Fund on April 01, 2013. For the first time in Pakistan, investments can be made in a Shariah Compliant investment scheme with 100 percent exposure into the stock market while benefiting from the principal preservation advantage. According to UBL Funds' CEO Mir Muhammad Ali, the investors benefit with the fund's pioneer methodology of Constant Proportion Portfolio Insurance (CPPI) in Shariah compliant investments. The CPPI method is intended to control risk and protect capital via daily valuation of risk budget available and daily portfolio rebalancing thus aiming to preserve the principal investment.