New fund to invest in agroforestry

Generating wealth through sustainable resources is the aim of the Sustainable Resources Fund which hopes to raise US$100 million for investment in a mix of agroforestry and sustainable agricultural sectors.

According to promotional material for the fund, it plans to create diversified investments across geographically diverse regions, different species and plantations, with tough ethical, environmental and commercial criteria for each investment. The fund, which is Sharia compliant, is expected to appeals to both Islamic and 'green' investors.

The fund's primary objective is to provide capital growth by investing in a portfolio of forestry, agriculture, biomass, farmland and other sustainable resource assets globally. The fund may also invest in equities or other financial instruments in companies engaged in the sustainable resource industry.

Read the full article on PR Inside: The SR Fund offers crossover appeal to Islamic investors and as a green investment