Helpful Hints

• UCITS fund structures are similar to a European “passport” that enables to sell funds order across the European Union.
• Given the robust risk framework and strict governance, global UCITS fund platforms are structured to appeal to international investors.
• Acknowledging the increasing need to provide cross-border solutions, CIMB-Principal Islamic Asset Management (“CIMB-Principal Islamic”) established a UCITS funds platform in Ireland in December 2011.
• Shariah-compliant UCITS are globally offered, but currently the market is very small and totals 26 funds in Ireland and Luxembourg.
• Although Shariah-complaint UCITS are referred to as Islamic, they were mostly established by conventional asset managers.
• Shariah-compliant UCITS funds investors will be reassured by a regulatory framework that is clear, straightforward, and easily understood.