The WSF Reliance Global Shariah Growth Fund was the world’s best performing Islamic global equity fund last year and also outperformed 95% of other non-Shariah global equity funds, new figures from international fund ratings agency Morningstar have shown.

The Fund’s performance underlines the overall potential of Shariah funds as the Islamic finance industry continues to grow.

Ian Lancaster, portfolio manager for the WSF Reliance Global Shariah Growth Fund, said: “Shariah equities offer access to a universe of financially conservative companies that have delivered good historic investment returns at relatively low levels of volatility.

“We believe such attributes have the potential to enhance any investor’s portfolio, particularly in the current economic climate.”

For more details please download Reliance Global Shariah Growth Fund Performance Comparison