Ajman, United Arab Emirates – 4 September 2025 – Ajman Bank has announced a strategic collaboration with Franklin Templeton, one of the world’s largest global asset managers with approximately $1.62 trillion in assets under management, to bring a suite of Shariah-compliant investment solutions to its wealth management clients in the UAE.
Through this partnership, Ajman Bank will provide access to select Luxembourg-domiciled Franklin Templeton Shariah Funds, including the Franklin Shariah Technology Fund, Franklin Shariah Global Multi-Asset Income Fund, and Templeton Shariah Global Equity Fund. These funds offer diversified exposure to global markets through a range of actively managed portfolios.
Expressing his views at the occasion, Mustafa Al Khalfawi, CEO of Ajman Bank, said: "This partnership strengthens our customers’ reach to best-in-class investment solutions and a diversified portfolio of global shariah-compliant investment funds, and reflects our commitment to meeting the evolving needs of investors in the UAE. By working with Franklin Templeton, we aim to deliver high-quality, Shariah-compliant solutions through a trusted local platform".
The collaboration builds on Ajman Bank’s vision to empower clients with access to world-class investment expertise, backed by a partner with 25 years of experience in the Middle East and a strong track record in managing Shariah-Compliant assets. Franklin Templeton serves clients in more than 150 countries, combined with its deep capabilities in emerging markets and Shariah investments, makes it well-positioned to serve the UAE’s growing demand for values-aligned investment solutions.
Sandeep Singh, Head of CEEMEA & India at Franklin Templeton, commented: "We are delighted to continue expanding our footprint in the UAE through this strategic partnership with Ajman Bank. As one of the largest global asset managers offering Shariah-compliant funds, Franklin Templeton is committed to delivering world-class global investment capabilities. This collaboration enhances investor access to diversified, actively managed Shariah-compliant strategies in the region".
This offering reinforces Ajman Bank’s long-term commitment to empowering clients with best-in-class, Shariah-compliant solutions through partnerships with leading global institutions.
Ajman Bank Public Joint Stock Company (P.J.S.C) is licensed by the Central Bank of the UAE. All our products and services are Shari’ah compliant.
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