Sharia fund
Invest your pension in a way that follows Islamic investment principles.
Your pension pot value can go up or down, but staying invested can help it grow
A pension aligned with faith
The Sharia fund gives you a simple way to invest your pension in line with Islamic investment principles.
Your pension is invested in companies around the world that meet Sharia investment criteria.
The Sharia fund has one simple all-in fee. You’ll pay an annual fee of 0.88% on savings under £100,000, and 0.53% on anything over £100,000.
How does the fund follow Sharia principles?
The fund follows a set of Islamic investment principles that determine where and how your pension can be invested.
Independently approved
An independent Sharia committee reviews the fund and how it’s managed. The fund must continue to meet its requirements to remain Sharia-compliant.
Excludes certain industries
The fund avoids companies involved in activities that do not meet Sharia principles, such as alcohol, tobacco, gambling, adult entertainment and pork-related products.
Avoids interest
Islamic finance prohibits earning or paying interest. The fund therefore avoids interest-based investments and follows Sharia-compliant approaches to managing cash.
Avoids excessive uncertainty
Sharia principles also restrict investments involving excessive uncertainty or speculation. This means the fund avoids certain complex or highly speculative investments.
In collaboration with HSBC
We work with HSBC Asset Management on our Sharia fund.
Your pension is invested in the HSBC Islamic Global Equity Index Fund, which invests in companies around the world that meet Sharia investment principles.
The fund is overseen by an independent Sharia committee to make sure its investments continue to meet these requirements.
Prefer your investments to change automatically?
The Sharia fund follows Islamic investment principles and remains invested in its chosen fund.
Our Lifetime plans automatically change how your pension is invested as you move towards retirement, but they do not follow Sharia investment principles.
