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Islamic Finance Briefing - Categorized | Funds, New Launches more

Samba launches Saudi Equity fund

Posted on 27 June 2011

Saudi Arabia’s Sambacapital brought a new Shari’ah compliant equity fund to market last week, the Al-Ataa Saudi Equity Fund.
The fund will be a Shari’ah-compliant, open-ended, Saudi riyal denominated equity fund that is benchmarked against the S&P Saudi Arabia Shariah (Saudi riyal) Index. Sambacapital is the asset management division of Riyadh-based Samba Financial Group………………………………………..Full Article: Source

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