Saturday 23 November 2024
 
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Ijara Fund

NBK launches Islamic Ijara fund

National Bank of Kuwait (NBK) has announced the launch of “Thahabi Ijara Fund VI”, an Islamic Sharia-compliant investment fund in dollars. The bank said the Islamic leasing fund has been designed specifically to meet the needs of its Thaha

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NBK $105m Ijara fund fully subscribed

National Bank of Kuwait’s Islamic KD Ijara Fund II was fully subscribed in the first day of its offering period with a fund size of KD30 million ($104.47 million). The fund was launched in response to the increasing demand for NBK’s Ijara

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