MALAYSIA: Bank Muamalat launched MiGOLD, a Shariah compliant gold fund investing in exchange traded funds and collective investment schemes that leverage on the storage and liquidity management of gold.
MiGOLD’s approach provides investors with exposure to Shariah compliant equities listed on Bursa Malaysia and fixed income securities from companies in the gold and precious metals sector. delivering a balanced strategy for wealth preservation and sustainable growth, Bank Muamalat said.