KUALA LUMPUR (March 19): Airo Malaysia, the robo-advisory platform that prides itself as an active investment manager, launched its shariah-compliant portfolio to meet rising demand among investors for investments aligned with Islamic principles.

To ensure that Airo’s Islamic portfolios are shariah-compliant at all times, CP Global Fintech Solutions, the company behind Airo, has engaged Tawafuq Consultancy as its exclusive shariah adviser.

Tawafuq Consultancy is an entity registered with the Securities Commission Malaysia, according to Airo’s press release.

The three shariah-compliant portfolios under Airo are conservative, balanced and growth.

The conservative portfolio is designed for stable and income-generating investments, comprising shariah-compliant exchange-traded funds (ETFs), sukuks and stocks. It is ideal for risk-averse investors seeking consistent returns over the long term with low risk.  

The balanced portfolio offers a mix of income and growth-oriented shariah-compliant ETFs, sukuks and stocks, suited for investors with higher risk appetite.

The growth portfolio is the most aggressive of all and is tailored to investors with high risk tolerance in pursuit of greater rewards.  

The investment instruments that Airo shariah-compliant portfolios have access to include: global shariah-compliant equity and sukuk ETFs, global shariah-compliant exchange traded commodities (ETCs), global shariah-compliant equity and sukuk mutual funds, and global shariah-compliant equities.

Part of the platform strategy also includes investing directly in shares listed on the US stock market. A main reason being US shares are highly liquid, which reduces risk of market manipulation.  

“With Airo, investors embark on a journey where financial aspirations meet responsible investing, all within a framework that respects and upholds the principles of Shariah law.

“In curating our portfolios, we focus on companies with strong management, prioritising sustainable growth over short term gains. Some key indicators include stability in earnings and a strong balance sheet, coupled with the ability to generate free cash flow, to name a few.

“Our end goal is to ensure that we provide optimal investment opportunities for our clientele,” says Airo Malaysia CEO Sho Toh Yih Jang.

Sho Toh adds that Airo’s specialty lies in the application of its proprietary active management strategy that ensures its portfolios are well diversified.

The platform also adopts a dynamic risk management approach through continuous portfolio monitoring and aligns its investments with current market trends while adhering to shariah principles.

Airo app users have the opportunity to receive a GrabGifts voucher worth RM10 when they make a minimum investment of RM300 in any Airo shariah-compliant portfolio between March 19 to April 2.