Algebra, Asia’s first Shariah-Compliant Robo-Advisor, set to Launch
Oct27

Algebra, Asia’s first Shariah-Compliant Robo-Advisor, set to Launch

Algebra, Asia’s first Shariah-compliant robo-advisor, will be launched this December by Farringdon Group Private Wealth Managers. Open to investors from across the globe, with a minimum investment of US$200 per month, they will select funds from the Islamic Master Select Portfolio, a strategy with five risk-weighted baskets. Shariah-compliant refers to funds that follow basic Islamic principles. For example, no stocks may derive...

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