Sandhani Asset Management Limited has announced the successful completion of the public subscription for its second mutual fund, the “Sandhani AML SLFL Shariah Fund,” well ahead of the official deadline.
The subscription concluded approximately 25 working days before the allocated 45-day timeframe, reflecting strong investor confidence in Shariah-compliant financial instruments.
Key Highlights of the Launch
The fund management attributed this rapid success to the immense interest and trust shown by both individual and institutional investors. Following the successful subscription, the Bangladesh Securities and Exchange Commission (BSEC) has officially granted approval for the fund to commence its operations.
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Official Commencement: The fund formally began its regular operations on March 12, 2026.
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Unit Trading: New investments, as well as the purchase and sale of units for existing investors, will be open starting March 15, 2026.
Gratitude to Stakeholders
In a statement, Sandhani Asset Management Limited expressed its sincere gratitude and thanks to:
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The Bangladesh Securities and Exchange Commission (BSEC)
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The Honorable Sponsors and Investors
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The Trustee and Custodian
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Partner Banks and all involved stakeholders
Commitment to Ethical Investment
The management reaffirmed its dedication to creating safe, ethical, and sustainable investment opportunities within the capital market through Shariah-based principles. Sandhani Asset Management stated that it remains committed to playing a positive role in the long-term development of Bangladesh’s capital market.
