Saudi Arabia’s Sedco Capital, an investment firm complying with Islamic laws, expects assets under management to double in the next five years as it expands into new areas to meet rising demand from sharia-compliant investors.
The two-year old Jeddah-based firm, which manages about $3 billion in client assets, is one of few firms offering sharia- compliant investments globally. It is part of the Sedco Holding which has interest in real estate, automobiles and financial investments………………………………………..Full Article: Source