Invest in line with your faith without sacrificing your pension pot growth by selecting our Sharia pension option.
Halal investments: The plan excludes investment in industries such as alcohol, tobacco, pork, finance sector, weapons & adult entertainment.
Less uncertain and non-interest income: The plan restricts earning interest and invests in listed company stock to ensure certainty and openness in business dealings.
One all-in fee: We hate hidden fees. You'll only pay one annual fee of 0.88% for pots under £100,000, or 0.53% for pots over £100,000.
Our Sharia plan is managed by HSBC Global Asset Management, who invest your pension contributions in a wide range of different companies that operate in a Sharia-compliant way. The fund is set up to manage risk alongside adherence to Islamic Financial principles.
The fund maintains its Sharia-compliant status by having its own elected Sharia board who monitor and OK all major decisions. Read more about the Sharia pension plan.
See exactly where your savings are and use your pension to influence tomorrow.
Our Explore Your Pension feature gives you complete visibility into your investments - including a breakdown of which companies you have a stake in.
Setting a Penfold pension is super easy and very quick it also gave me the option to choose a Shariah product! I am so impressed that such an innovative brand could also be so diverse and inclusive!
The simplest possible way to get a pension set up if you're self employed. Setup took less than 5 minutes, and it just works - my money goes in, government money goes in, I can see everything at a glance - I genuinely can't see how it could be better.
It was so simple to set up and the team were able to transfer in my existing pension pots for me without hassle. Everything is clear and easy to understand, which is a relief when traditional pensions can be confusing.