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Islamic forestry fund aims to tap crossover appeal

Posted on 19 July 2012

Luxembourg-based Sustainable Capital has announced the launch of a sharia-compliant forestry fund, part of a trend toward crossover products that appeal to Islamic investors as well as those interested in green investment.
The firm aims to raise $100 million in the open-ended fund, which starts its offering period next Monday and will invest in the agricultural, biomass and forestry sectors. Islamic finance adheres to religious principles but the industry has only recently begun to stress the theme of wider social responsibility………………………………………..Full Article: Source

 
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