Cornhill Management has made its Shariah-compliant WSF Global Equity fund available to UK investors for the first time, following the launch of a sterling share class.
The fund, which is managed by Cogent Asset Management, was initially launched in August 2010.
It avoids so-called 'sin' companies that produce or is involved in activities related to alcohol, tobacco and gambling, for example.
It also does not invest in financial services and avoids companies with high levels of debt.
Cogent founder Ian Lancaster said: "We believe our approach to be a far better proposition than that of fundamental fund management.
"Rather than running a 'conviction' portfolio, which often sounds good for marketing but disappoints in terms of performance, we maintain a broad spread of investments by stock and sector."
The firm has received approval to launch a sterling share class for the global equity fund making it available to UK investors for the first time.
Information technology represents the largest share of the fund's portfolio at 24.2%, followed by healthcare and industrials with 17.6% and 16.5%, respectively. The US makes up 62.9% of its geographical exposure.
Minimum investment on the fund is £35,000, while the TER is capped at 1.5% per annum.
Earlier this year, the Bank of England launched an industry consultation on proposals for how best it could develop models for its own Shariah-friendly services.
Islamic finance represents roughly $1.9trn in AUM, growing 46% between 2011 and 2015, according to The Islamic Financial Services Board.
Luxembourg-headquartered Cornhill, which has $1.1bn in AUM, operates a boutique platform offering services across regular savings plans, investment funds, international trusts, QROPS, investment accounts and structured financial products.
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