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ADEP closes Brazil’s first Sharia compliant agricultural inventory finance transaction

Posted on 17 January 2013

Abu Dhabi Equity Partners (ADEP), the Cayman registered Emerging Markets liquidity management instrument specialist, closes Brazil’s first Sharia-compliant agricultural inventory finance transaction. Investment combines mix of asset backed financing, capital and profit protection from Global investment bank, five to ten times US Dollar deposit yield pick-up, as well as global trading houses as counterparties.
ADEP’s physical commodity backed financing sourced from the world’s leading agricultural market provides the Islamic Finance market with an alternative to commonly used paper-based commodity murabahas, which have been questioned as to their Sharia authenticity. (Press Release)

 
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