US-based asset manager Franklin Templeton has launched two new funds in its Luxembourg-domiciled Franklin Templeton Shariah Funds (FTSF) range for Europe, Asia and Middle East investors.
The Global Sukuk Ultra Short Duration Fund and the Shariah Systematic Global Equity Fund have been introduced to address increasing demand from investors for high-quality, Shariah-compliant investment solutions, further expanding Franklin Templeton’s offering across liquidity, fixed income and global equities.
The former fund aims to provide capital preservation and liquidity, while seeking to maximize total returns and income. The fund invests in a highly liquid portfolio of short-dated sukuk, supranational instruments and Shariah-compliant deposits, with a focus on capital stability and income preservation, addressing growing demand for Shariah-compliant liquidity solutions among institutional investors, wealth managers and pension schemes.
Launched on 23rd April 2026, the fund is managed by Mohieddine “Dino” Kronfol, Chief Investment Officer Global Sukuk, Head of Middle East Fixed Income, Franklin Templeton Fixed Income (FTFI); Amit Jain, Portfolio Manager; and Hardeep Dogra, Portfolio Manager.
The second fund aims to deliver long term capital appreciation through a highly liquid, actively managed global equity strategy, consistent with Shariah principles.
Managed by Franklin Templeton Investment Solutions (FTIS), the fund employs a multi-factor quantitative model to identify securities with favourable exposure to factors such as quality, value, sentiment and alternative data signals. The investment universe is screened to ensure compliance with Shariah principles, including exclusions and financial ratio filters aligned with Islamic investing standards. The fund is expected to be available to investors in May 2026 and will be managed by Chris Floyd, Portfolio Manager; and Brett Risser, Head of Quantitative Equity Portfolio Management at FTIS.
Matthew Harrison, Head of EMEA and Americas ex-US, Franklin Templeton, said: “Franklin Templeton is well recognised for its Sukuk capabilities. As one of the few global Shariah-compliant asset managers, we have investment professionals based in key Sukuk issuance hubs, including Kuala Lumpur, Dubai and Riyadh, supported a global network of more than 200 investment, trading and risk professionals. The expansion of our shariah fund range reflects growing demand from institutional and wholesale clients for high‑quality Shariah‑compliant investment solutions.”
Franklin Templeton’s Shariah-compliant strategies are supported by independent oversight from the Amanie Shariah Supervisory Board, advanced screening technology and integrated risk management processes.
