Fri, Dec 19, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Funds, Market Moves more

KFH establishes Shariah shipping fund via joint venture

Posted on 06 May 2009

From Bernama: Kuwait Finance House Labuan, a wholly-owned subsidiary of Kuwait Finance House (Malaysia) Bhd, has teamed up with SFS Group Public Company Ltd to establish a Shariah compliant shipping fund via a limited partnership before the year’s end.

In a joint statement here today, both companies said the target fund size is approximately US$150 million, to be managed by an equally-owned company acting as the general partner based in the Cayman Islands…….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031