CGS-CIMB launches Singapore's first syariah-compliant trading account

Singapore football star Fandi Ahmad speaks at the inaugural Regional Shariah Investing Symposium on June 23, 2022. PHOTO: CGS-CIMB
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SINGAPORE - Brokerage CGS-CIMB Securities aims to provide more Islamic structured investment options for the Muslim community here with the launch on Thursday (June 23) of Singapore's first syariah-compliant trading account.

iCash allows investors to screen for products that are aligned with the key principles of syariah - morality, transparency and fairness - so they can make better informed decisions, said Mr Syed Muhamad Alsagoff, the firm's head of syariah investment services here.

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