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Tharawat Sukuk Fund yields 5pct profit in 1H

Posted on 16 July 2012

Bahrain-based Tharawat Investment House ( Tharawat ), an Islamic investment institution based in the Kingdom of Bahrain, announced five percent profit returns of Tharawat Sukuk Fund for the period from January to June 2012, achieving a cumulative return of 17.4 % since its inception in February 2010. Tharawat said it would distribute around four per cent for the period, making it the fifth time of such distribution.
Tharawat Sukuk Fund is the first open-ended Sharia’a compliant investment product based in the Kingdom of Bahrain. It invests over 70% of its liquidity in Governmental issued Sukuk and in well established firms in the GCC, Middle East, North Africa, and Southeast Asia region……………………………………….Full Article: Source

 
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