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Islamic Finance Briefing - Categorized | Funds, New Launches more

Alkhabeer launches US$400mln fund, targets KSA, UK

Posted on 02 July 2012

Sherif SelimAlkhabeer Capital, a Saudi Arabian Shariah-compliant investment company, will launch a SAR1.5bn (US$400m) investment fund targeting assets in Saudi Arabia and Europe, the firm said in a statement.
The Jeddah-based firm will raise three funds over two years targeting a total of SAR525m, including SAR125m for a residential development fund in the UK………………………………………..Full Article: Source

 
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