HSBC Saudi Arabia has launched its new HSBC Amanah GCC Equity Income Fund. The fund is an open-ended Islamic Shariah compliant fund which aims to achieve capital growth and providing income, by investing in sharia compliant equities listed on GCC markets that offer sustainable dividend yields and with potential dividend growth over the long term.
The performance of the Fund is measured against the benchmark of S&P GCC Shariah Composite Index………………………………………..Full Article: Source