Record Launches Sharia-Compliant Investment Platform, Record Amanah

Record Asset Management GmbH (RAM), a subsidiary of London Stock Exchange-listed Record plc (Record Financial Group), has announced the launch of Record Amanah, a dedicated platform for Sharia-compliant investment solutions. RAM serves as the European asset management division of Record Financial Group, a specialist investment group managing $115 billion in assets on behalf of institutional clients worldwide, including pension funds, foundations, sovereign entities, and other asset managers. Headquartered in London, Record also maintains offices in Hamburg, Zurich, Zug, New York, and Hong Kong. The launch follows Record’s completion of a series of Sharia-compliant transactions, most recently for a client in Brunei, reflecting increased demand from institutional investors seeking attractive risk-adjusted returns whilst adhering to Islamic finance principles. Record Amanah was established through a partnership with Khalij Group, a London-based team of Islamic finance specialists with extensive experience in structuring and advising on Sharia-compliant investments. The platform will initially focus on private markets and private equity opportunities, offering investment solutions structured in accordance with Sharia principles whilst maintaining the rigorous standards of investment, risk management, and governance that characterise Record. This initiative further extends Record’s capabilities in private markets and strengthens the group’s ability to serve a broader international investor base, particularly in the Middle East and Southeast Asia, where demand for Sharia-compliant investment solutions continues to grow. Jan Hendrik Witte, CEO of Record Financial Group, stated that the launch represents a natural progression of the firm’s private markets strategy, providing a dedicated framework to expand their demonstrated ability to deliver Sharia-compliant solutions for institutional clients. Asim Khan, CEO of Khalij Group, noted that Islamic finance is founded on principles of partnership, transparency, and investment in productive economic activity, and that the partnership combines these principles with Record’s institutional investment expertise and global reach.