Robo-advisor Airo announced that it has launched a range of shariah-compliant portfolios to meet the rising demand for investing opportunities that align with Islamic principles among Malaysian investors.

In a statement, Airo explained that these new portfolios will tap into multiple investment instruments to empower its investors, including global shariah-compliant equity and sukuk exchange traded funds (ETFs), exchange traded commodities (ETCs), equity and sukuk mutual funds, as well as direct exposure to global shariah-compliant equities.

Depending on your risk appetite and goals, you’ll have the option to invest in any of the following portfolios:

Portfolio	Details	Suitable investor profile
Shariah conservative portfolio	– For stable, income generating investments – Comprised of shariah-compliant ETFs, sukuk, and stocks	Ideal for risk-averse investors who are seeking consistent returns over the long term
Shariah balanced portfolio	– For balanced return and risk – Comprised of a mix of income and growth-oriented shariah-compliant ETFs, sukuk, and stock	Ideal for investors seeking a balanced approach to investing
Shariah growth portfolio	– Maximising capital growth over the long term – Invests primarily in shariah-compliant ETFs and stocks with higher risk	Ideal for investors who are comfortable with higher levels of risk in pursuit of greater rewards

Airo further highlighted that its shariah-compliant portfolios are unique because they are also guided by the robo-advisor’s proprietary active management strategy. This same strategy is used in Airo’s existing conventional portfolios (consisting of the Balanced, Opportunistic, Contrarian, and Adventurous portfolios) as well.

“This ensures a diversified approach that gets the best possible returns through continuous monitoring and dynamic risk management, aligning investments with current market trends while adhering to shariah principles,” Airo noted in its statement, adding that it has engaged the services of Tawafuq Consultancy as its advisor to ensure that the new portfolios are consistently aligned with Islamic principles, adhering to strict guidelines and principles. Tawafuq Consultancy is registered with the Securities Commission Malaysia (SC).

Chief executive officer of Airo, Sho Toh Yih Jang said the introduction of these shariah-compliant portfolios is in line with the robo-advisor’s commitment to provide optimal investment opportunities for its users.

“With Airo, investors embark on a journey where financial aspirations meet responsible investing, all within a framework that respects and upholds the principles of shariah law. In curating our portfolios, we focus on companies with strong management, prioritising sustainable growth over short-term gains – some key indicators of this include stability in earnings and a strong balance sheet, coupled with the ability to generate free cash flow, to name a few,” said Sho Toh.

To celebrate the rollout of these shariah­-compliant portfolios, Airo is currently running an introductory promo where you can receive GrabGifts vouchers worth RM10 when you invest a minimum of RM300 in any of the new portfolios. Already ongoing, the campaign is set to continue until 2 April 2024. You can download the Airo app for free from Google Play or the App Store to kickstart your investment journey.

• TAGS:
• Airo
• Robo-Advisors
• Securities Commission Malaysia
• Sho Toh Yih Jang
• Tawafuq Consultancy