UK-based Aberdeen, an asset manager with presence in both the conventional and Islamic finance space, plans to introduce two Syariah compliant unit trust funds to break into the local retail funds market.
It is understood that it was now in advanced stage of its application with the Securities Commission (SC) to launch the two funds, which industry sources familiar with the process said would be an another addition to the Islamic Malaysia’s rich Islamic finance landscape……………………………………….Full Article: Source