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Ibdar launches shari’ah trade finance fundIbdar Bank, a Bahrain-based wholesale Islamic Investment bank, has announced the launch of the Barak Ibdar Shari’ah Trade Finance Fund, a parallel fund of the Barak Trade Finance Fund. Ahmed Al-Rayes, acting chief executive More… |
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Shamil unveils $231m Sharia fundBahrain-based Shamil Bank has joined hands with Sharjah Islamic Bank and Swiss-based Faisal Private Bank to launch a 150 million euros ($231 million) Sharia-compliant Central and Eastern European Real Estate Fund. It is open to more than More… |
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Shamil to launch $230m EU realty fundShamil Bank is set to launch a €150 million ($230 million) Sharia compliant fund, which takes an equal exposure on developmental and income generating real estate assets in Central and Eastern Europe. Shamil is a leading Bahrain-based Isl More… |
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NBK offers first USD Shariah fundNational Bank of Kuwait has launched its first US dollar money market fund adhering to Shariah principles. The investment objective is to achieve competitive returns by investing in short and medium term Shariah compliant instruments that More… |
