Allfunds partners with Nomo on digital Sharia-compliant investment portfolios

By Public Technologies
  • Allfunds partnered with Nomo to launch a fully digital, Sharia-compliant investments offering delivered through the Nomo app.
  • Nomo Investments offers professionally managed global portfolios to customers able to invest from USD 1,000.
  • Allfunds provides its Nextportfolio digital solution to support an end-to-end investment journey, including model portfolios, analytics, due diligence.
  • Early uptake: 1 in 3 questionnaire completers invested; 20% set up monthly investing; 58% selected the Adventurous Portfolio.
  • Nomo cited rising demand from customers in Kuwait and the UAE, targeting a perceived investments gap among GCC residents.


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