Moduit provides Sharia Mutual Fund products.
Sharia Mutual Funds have a cleansing feature, namely there is cleaning of income that is not in accordance with sharia principles and the funds are allocated to charity.
The risk is also relatively lower because companies that want to be included in the List of Sharia Securities (DES) must have debts smaller than their assets. In addition, Sharia Mutual Funds are relatively safer because besides being supervised by the OJK, they are also supervised by the DPS (Sharia Supervisory Board).
Sharia Mutual Fund investment is open for all, not exclusive for Muslims.