Smart Investor Malaysia

Zurich Takaful launches fund in collaboration with BlackRock


New fund is a multi-sector exchange traded fund that helps investors to diversify and be resilient.  

Zurich Takaful Malaysia Bhd’s newly launched Shariah Global Edge Fund offers investors a diversified and resilient Shariah-compliant fund in collaboration with BlackRock, the world’s largest asset management firm.

Diversifying one’s investment is key to remaining financially resilient, especially given the market volatility stemming from the Covid-19 pandemic. Zurich Takaful’s new Shariah fund enables Malaysians to do just that with a new fund offer price of RM0.501 per unit. 

Shariah Global Edge Fund is essentially a multi-sector exchange traded fund (ETF) where the underlying fund is managed by BlackRock. 

Two firsts

Zurich Takaful chief executive officer Mukesh Dhawan said, “We have two firsts here – a new fund offer as an opportunity to recover your savings value in current times and a Global Shariah Fund in collaboration with BlackRock which has US$7.32 trillion (RM31.19 trillion) in assets on behalf of investors worldwide. 

He says this combination is Shariah certified, and hence provides both transparency and resilience to consumers in Malaysia. 

“It is our responsibility to be responsive to current situation and market needs to create value for them,” adds Mukesh (pic).

BlackRock’s head of iShares Asia Pacific Distribution Geir Espeskog says market volatility in the first quarter of 2020 accelerated investor appetite for broad indexes that consist of high-quality companies with strong balance sheets. 

“Technology and healthcare sectors comprise of more than 40% of the MSCI World Islamic Index, and these types of companies are key beneficiaries from the stay-at-home economy. 

“Investors will continue to diversify and search for growth opportunities across regions and sectors amidst uncertainty, and develop a preference towards companies that score highly on environmental, social, and governance,” Espeskog adds.

The Shariah Global Edge Fund is ideal for investors who understand their investment strategy, risk appetite, and seek to diversify their portfolio with foreign exposure to manage volatility for long term growth. 

The fund is available through Zurich Takaful investment-linked products which are accessible via approximately 6,000 wealth planners nationwide.

For further information, visit

About Zurich Takaful Malaysia Bhd

Zurich Takaful Malaysia Bhd is one of Malaysia’s leading family takaful operators. It is a member of Zurich Insurance Group and the sole provider of shariah-compliant family takaful products within Zurich. 

With more than a decade of Takaful market expertise, Zurich Takaful offers protection, medical and health, savings as well as investments solutions to address its customers’ needs at different life stages. 

Zurich Insurance Group is a leading multi-line insurer that serves its customers in global and local markets. With about 55,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 215 countries and territories. 

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