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Islamic Finance Briefing - Categorized | Funds, Investment more

Islamic investors to invest in Source ETCs

Posted on 10 June 2011

Islamic finance rules have approved exposure to Source products, Financial Times reports. Islamic investors seeking exposure to precious metals commodity products are now allowed to invest in the new Source Physical Gold P-ETC and the Source Physical Silver P-ETC.
After approval from the Board of Sharia Scholars, the Source Physical Gold P-ETC has become one of the largest Shariah-compliant physical gold products globally, with more than $1.2 billion in assets………………………………………..Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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