A Shariah Junior ISA
Invest in a Shariah compliant Junior ISA for your child's future. Investing carries risk.
Shariah compliant fund - experts making investment decisions
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What is a Shariah Junior ISA?
Save for their future
A Shariah Junior ISA is a tax-efficient savings account for adults to save on behalf of a child, in a Shariah compliant, fund. You can save for them up to age 18, when they will be able to continue investing and/or access the money. With an annual management charge of 1.5% reducing to 1% after 10 years.
Investing in what you believe in
The Shariah Junior ISA aims to grow the investment over the medium to long-term by investing in a Shariah compliant portfolio of shares from around the world. A Shariah Supervisory Board and Shariah Adviser have been appointed to ensure all investments in the fund meet Shariah Investment Guidelines. Your investment will be looked after by the experts at Schroders who make the investment decisions on your behalf.
Family and friends can contribute too
Anyone can make a contribution up to the annual allowance of £9,000. Monthly contributions start from £10 and single contributions from £20. Find out how to contribute to a Junior ISA with Foresters >
Become a Foresters member
At 18 your child will become a member, and will have access to a range of exclusive benefits. Such as volunteer grants, member discounts and Scholarships – just to name a few! Take a look at the member benefits >
Is a Shariah Junior ISA right for me?
✓ Want to save for your child
✓ Saving for past their 18th birthday
✓ Looking for low minimum contributions
✓ One, simple annual management charge
✓ The child is a UK resident
✓ Invests under Islamic guidance
Junior ISAs
Want to know more about Junior ISAs in general and why they could be the best option to save for your child?
Transfer a Junior ISA
Does your child already have a Junior ISA or Child Trust Fund and want to transfer to a Foresters Junior ISA? Make a transfer online today.
Shariah compliant investment choice
The Foresters (Schroders) Managed Islamic Global Fund invests in the Schroder Islamic Global Equity Fund. Aiming to grow your investment over the medium to long-term with a medium investment risk.
- Invests in a Shariah compliant portfolio of shares from around the world.
- Only invests in companies included in the Dow Jones Islamic Market World (Net Total Return) Index.
- A Shariah Supervisory Board and Shariah Adviser have been appointed to ensure all investments in the fund meet Shariah Investment Guidelines.
Learn more about the Shariah fund
Open a Shariah Junior ISA Transfer a Junior ISA
Shariah Junior ISA Important information Shariah Junior ISA KID
The fund may not invest in companies where more than 5% of their total income is made from prohibited activities or industries, such as below...
Alcohol and tobacco
Entertainment inc. Hotels/gambling
Pork-related products
Non-Islamic financial services
Weapons and defence
For more information about how the fund is invested read the Shariah Important Information and KID.
Tax treatment depends on individual circumstances and may be subject to change in the future. As with all stock market investments the value of your child’s Junior ISA can fall as well as rise and you may get back less than has been paid in. Gifts cannot be reclaimed and combined amounts cannot exceed the contribution limit of £9,000.
Want to save with a choice of funds?
We offer an ISA that also has a choice of funds, with one of these having a specific focus on sustainability.
View our Stakeholder Junior ISA
Manage your savings with MyPlans
View the Junior ISA value, make contributions, view fund performance, documents, and so much more.
Existing customer? Login to MyPlans >
Junior ISAs at age 18
At age 18 the Planholder will have access to the money, their Junior ISA will roll into an Adult ISA. Whether you are looking to find more information for when you are 18, or you are a parent wanting to understand your child’s options, we have a dedicated page to help you.
