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Asset Management Shariah ETF IPO closed

Posted on 26 March 2009

From 2711.co.za: The Shariah exchange traded fund, which is being run by Absa, closed their initial public offering (IPO) last Friday, and according to Dr Vladimir Nedeljkovic, the associate principal of ETFs and Index Products at Absa, the results of the IPO will be available on April 3, when the actual figures will be released.

Nedeljkovic says that they have subscriptions in cash and in specie, so the total amount can still vary……Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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