DAR ES SALAAM, Jan. 15 -- THE Faida Fund Scheme, under Watumishi Housing Investment (WHI), is projected to record continued growth in assets under management, reflecting sustained investor interest and rising participation in collective investment schemes.

Currently, the Funds assets under management stand at 61bn/-, with projections indicating an increase to 70bn/- by mid-year, underscoring steady inflows and growing confidence among investors.

WHI Senior Communication Officer, Ms Maryjane Makawia, said the fund recorded particularly strong growth during the first and second quarters of the 2025/26 fiscal year following the introduction of e-Wekeza.

“The introduction of the Watumishi Portal has increased the appetite of public s...