How master trusts are diversifying Sharia offerings with sukuk bonds

Pensions Expert, December 2024.

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Karen Shackleton, Founder of Pensions for Purpose urged master trusts to work closely with Islamic finance experts to develop Sharia funds and advised the pension industry to not overlook the needs of diverse savers. Karen said "Because regulations have historically emphasised the importance of fiduciary duty, this has made it difficult for trustees to offer ethical or faith-based options to members, but over time this has begun to change".

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