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Nest Sharia Fund

The Islamic faith takes the view that you shouldn’t make money from money - known as interest. That makes Islamic finance a little different, as some of the common practices in conventional finance are strictly prohibited. The Nest Sharia Fund was created with that in mind and is invested in a way that complies with Sharia principles. However, anyone can invest in this fund – you don’t have to be Muslim.

How it works?

The investments in this fund are screened by Islamic scholars to make sure they meet Sharia principles. For example, it doesn’t invest in companies that make money out of alcohol, adult entertainment or pork products. It also avoids types of investments that pay or receive interest, such as company or government loans. This approach means it’s invested in just one type of market, unlike the rest of our funds, and therefore carries higher investment risk. That means there’s more uncertainty about how much you’ll have in your pot at the end of the day. As with all investments, there’s a chance that you could get more or less than you put in.

Where does my money go?

Faith is important to where we put your money here, so the fund is only invested in certain company shares, each of which is carefully screened. For example, the fund doesn’t invest in companies that make income from interest payments.

You can find out more detail on where this fund is invested and how it’s performing in our latest quarterly investment report.

We've partnered with Tumelo, an online investment tool, so you can find out which companies your money is invested in.

Nest pension fund performance

There’s a reason you have a pension rather than putting your hard-earned money straight into a savings account. We invest it, which is how we can grow your money more than if you kept it in a bank.

Our aim is to grow your fund more than the rising costs of living after all charges, while staying true to Sharia principles. After all, the money you save today should buy you the same standard of life in the future.

Learn the difference between pot performance and fund performance, and see how Nest’s funds are performing.

How do I switch to the Nest Sharia Fund?

Switching into the Nest Sharia Fund is quick and simple through your online account. Simply log in to get started. 

If you’re not sure where to invest your pension savings, it may be worth exploring MoneyHelper. It offers free, independent guidance on a range of money matters.

Are there different types of investment fund?

You can choose to put your money in any of our five pension funds. All our funds are invested with a view to how people and the planet are treated. We believe investing responsibly creates more money for your pot as well as improving the world we all live in.


Nest Retirement Date Funds

Our flagship funds that adapt to your changing needs over the years

Nest Retirement Date Funds


Nest Ethical Fund

Invested with specific ethical concerns and moral values in mind

Nest Ethical Fund


Nest Higher Risk Fund

Takes more risk for a chance of greater reward

Nest Higher Risk Fund


Nest Lower Growth Fund

Protects the value of your pot at the expense of growth

Nest Lower Growth Fund

A fund for after retirement

Our Nest Guided Retirement Fund is an option you can choose if you want to start taking money from your Nest pot at retirement.

Nest Guided Retirement Fund

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See what kind of companies you’re invested in

Being in these funds makes you a shareholder in the world’s biggest companies.


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