Jakarta, 26 April 2021, Coinciding with the month of Ramadan 2021, STAR Asset Management (STAR-AM)  has launched its first Sharia Mutual Fund product in the Money Market Mutual Fund asset class. This news is truly encouraging news for all of us, because the investment options in STAR-AM Mutual Funds are increasingly diverse. This new Sharia Mutual Fund product is the STAR Sharia Money Market Sharia Mutual Fund which was launched on April 16 2021.

The STAR Sharia Money Market Sharia Mutual Fund has a portfolio composition allocation such as Sukuk, Deposits, and Cash. Through this portfolio composition, we are confident that we can provide the best service to investors to obtain return maximum and able to attract the interest of institutional and individual investors.

Kemal Fajri Mohsin as Head of Institutional and Intermediary Business STAR Asset Management said, "by investing in the STAR Sharia Money Market Sharia Mutual Fund, investors play a role in advancing the development of Sharia Capital Market investment in Indonesia."

With the launch of the STAR Sharia Money Market Sharia Mutual Fund, it is hoped that it will be able to meet the needs of investors who want Sharia-based investment fund management. Apart from that, investment placement in this Mutual Fund is able to make it easier for investors to invest by placing funds starting from IDR 10,000 (ten thousand rupiah) and can be withdrawn at any time. To meet liquidity needs. We plan to also offer this product to STAR AM Mutual Fund Selling Agent (APERD) business partners as complimentary product  from products that are already available on selling agent us.