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HSBC Saudi Arabia has launched its first sukuk fund, a Shariah-compliant fixed-income product, for the country’s retail market.
Described as having a “medium to high” risk profile, the HSBC Amanah Sukuk Fund, which launched last month, is the first open-ended sukuk fund to be offered by HSBC Group………………………………………..Full Article: Source
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Islamic Finance Briefing - Categorized | Funds, New Launches more
HSBC Saudi offers Shariah-compliant fund
| Posted on 07 May 2012 |
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