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Islamic Finance Briefing - Categorized | Capital Market (Equity, Mutual Funds), Funds, Investment more

GCC IPO - Investing in new opportunities

Posted on 22 February 2011

From Zawya.com: The GCC IPO fund is managed by Saudi Arabia-based Khalijia Invest, a Shari’ah compliant investment manager that specialises in corporate finance and asset management. Khalijia Invest started operations in December 2009 and launched the GCC IPO Fund on May 1, 2010.
The fund is an open-ended Saudi Riyal denominated fund and benchmarked against the S&P GCC Shari’ah Index. Saudi nationals and residents as well as other GCC nationals can subscribe to the fund……………………………………….Full Article: Source

 
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