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Islamic Finance Briefing - Categorized | Funds, New Launches more

Bank Sohar introduces GCC Fixed Income Fund

Posted on 10 December 2012

Close on the heels of declaring strong third quarter results, Bank Sohar was awarded with an Investment Banking License by the Capital Markets Authority of Oman. “This license is very important because it allows Bank Sohar to offer more products and services to its clients and relationships”, said Dr Kalmoor, CEO of Bank Sohar.
Bank Sohar GCC Fixed Income Fund (“Fund”), which is a separate share class within the Rasmala GCC Fixed Income Fund, seeks to provide investors with regular coupon distributions and capital appreciation by investing primarily in investment grade bonds issued by governments, government related entities and corporates. (Press Release)

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