Header Image

ABOUT IDLC AML SHARIAH FUND

IDLC ASSET MANAGEMENT SHARIAH FUND is an Open-End Mutual Fund that generates return by investing in a portfolio of Shariah compliant securities vetted by the Shariah Supervisory Board. The objective of the fund is to deliver growth of your money by adhering to the Fund’s Shariah Investment Guideline which has been endorsed by Amanie Advisors Limited – a leading global Shariah advisory firm serving 200+ clients.

The whole investment management process is reviewed, monitored and vetted by Shariah Supervisory Board


Initial Shariah based screening of listed companies
Business activity and financial ratio based screening. -The list of Shariah compliant companies will be provided by DSES
Internal research for identifying potential Shariah compliant investment opportunities
Final investment decision by Investment Committee
Investment Decision Execution
Purification

WHY INVEST IN IDLC AML SHARIAH FUND

Most-fitting investment vehicle for Shariah-minded investors

Fund’s Shariah Investment Guideline endorsed by Amanie Advisors Limited

Dynamic and experienced Shariah Supervisory Board

Maximum Tax Rebate

MOST- FITTING INVESTMENT VEHICLE FOR SHARIAH- MINDED INVESTORS: 

  • IDLC Asset Management Shariah Fund (IDLCAMSF) will predominantly make equity investments in Shariah complaint stocks. So, through the investment in IDLCAMSF, investors will actually participate in ownership of Shariah complaint businesses and get the share of profit and loss of the business accordingly.
     
  • IDLCAMLSF only invests in Shariah compliant securities through proper business and financial ratio based screenings.
     
  • The fund has subscribed to Dhaka Stock Exchange Shariah Index (DSES) which will provide the list of Shariah compliant securities on monthly intervals.
     
  • The Fund also ensures that the profit distributed among the investors is completely pure through the Dividend Purification Process as prescribed in the Shariah Investment Guideline.

FUND'S 'SHARIAH INVESTMENT GUIDELINE' ENDORSED BY AMANIE ADVISORS LIMITED: 

  • IDLC Asset Management engaged AMANIE ADVISORS LTD. - a leading global Shariah advisory firm to ensure adoption of the best Shariah compliant investment practices. The firm has reviewed and endorsed the “Shariah Investment Guideline of IDLC ASSET MANAGEMET SHARIAH FUND.
     
  • AMANIE ADVISORS LTD. is one of the world’s leading Shariah advisory firm that serves 200+ clients since 2005.
     
  • Visit: https://amanieadvisors.com/

DYNAMIC AND EXPERIENCED SHARIAH SUPERVISORY BOARD:

  • IDLC Asset Management Shariah Fund has a dynamic Shariah Supervisory Board constituted by members of diverse background such as Islamic scholar, academician and corporate professional, with enriched experience and knowledge.
     
  • The Shariah Supervisory Board monitors and ensures that the whole investment process of IDLC Asset Management Shariah Fund is fully Shariah compliant.
     
  • The board will also issue certificates to the effect that the investments made by IDLC Asset Management Shariah Fund are Shariah compliant at the end of each accounting year.

Professor Sayed Kamaluddin Abdullah Zafree

Founder and Chairman, Majilis Al-Umana, Bangladesh Islami University

Dr. Sayed Muhammed Emdad Uddin

Sr. Imam, Khatib, Central Mosque, University Of Dhaka

Prof. Mamtaz Uddin Ahmed

Treasurer, University of Dhaka

Mr. Abdul Khalek

Advisor, Berger Paints Bangladesh Limited

Dr. Monzur-E-Elahi

Associate Professor, Dept. of Islamic Studies, National University

Dr. M. Mahabbat Hossain

Faculty Member, BIBM

MAXIMUM TAX REBATE: 

  • One can earn a return from 10.0% to 15.0% (based on one's taxable income level) simply by saving tax by investing in IDLC Asset Management Shariah Fund.
     
  • It does not have any limit in terms of TAX eligible investment for TAX rebate. Whereas Mudaraba DPS in islamic banks has up to BDT 60,000 ceiling in terms of TAX eligible investment and Mudaraba FDR is not eligible for TAX rebate.


Find out below how much tax you can save through investment in IDLC Asset Management Shariah Fund: (tax calculator)


IDLC AML SHARIAH FUND CALCULATOR

Investment Style

Please input your desired value -

Investment Amount
Tenure of Investment(Year)
Expected Rate of Return(%)

TOTAL INVESTMENT

YOUR TOTAL INVESTMENT AMOUNT STANDS AT 0 BDT


TOTAL EXPECTED FUTURE WEALTH

YOUR EXPECTED WEALTH STANDS AT 0 BDT AFTER 0 YEARS


LEARN MORE