Fri, Aug 22, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk), Funds more

HSBC Saudi Arabia launches Amanah Sukuk Fund

Posted on 20 February 2012

The fund aims to provide investors with income-stabilising and potential growth over the medium-to-long term by investing in local and international Sukuks.
The Fund also invests in Shari’ah-compliant money market funds, term deposits and certificates. The performance of the Fund is measured against a composite benchmark which includes HSBC/NASDAQ Dubai Amanah US Dollar Sukuk Index. One of the main features of the fund is the income distribution, whereby earned income will be distributed to customers on a quarterly basis………………………………………..Full Article: Source

 
Article link

This post was written by:

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


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031