The Element Islamic Equity Fund is an actively managed, domestic general equity fund that aims to provide investors with Shari'ah compliant returns. It also offers investors the opportunity to achieve long-term capital appreciation with a moderate level of income. This is done by investing in a portfolio of equities listed on the JSE Securities Exchange in accordance with the Islamic Principles approved by the Shari'ah Supervisory Board.
Fund manager - Mohamed Shafee Loonat
- Shariah Brochure
- Islamic Certificates
- Investment Application Form
- Element Islamic Equity Fund Fact Sheet
Element Investment Managers has a long history in managing Shari'ah compliant investments in South Africa, having successfully managed the Futuregrowth Albaraka Equity Fund from 1 July 2000 until 7 April 2004. During this period, the fund won the following awards:
2004 ACI Personal Finance - Raging Bull Awards
Domestic General Equity for 3 years to 31.12.2003
- Top performance
- Most consistent performance
- Top performance on a Sortino risk-adjusted basis
2005 ACI Personal Finance - Raging Bull Awards
Domestic General Equity for 3 years to 31.12.2004
- Most consistent performance
