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Ahlibank to launch Sharia compliant MENA fund

Posted on 14 May 2013

Ahlibank will launch Sharia-compliant Al Hilal MENA Fund (AHMF), an open-ended fund based on Mudaraba structure, on May 22. The initial subscription period will continue up to June 20.
AHMF will be the first Sharia complaint fund to be launched by an Omani bank. With the launch of this fund, investors will be provided with an opportunity to participate in the economic growth and prosperity of the region whilst adhering to religious principles………………………………………..Full Article: Source

 
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