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Islamic Finance Briefing - Categorized | Banking, Funds more

National Bank of Kuwait launches Islamic fund

Posted on 01 June 2009

From Menafn.com: National Bank of Kuwait (NBK) announced Sunday the launch of the first edition of its Islamic Ijara KD series, Islamic KD Ijara Fund I.

In a press release, NBK said the fund was created to grant NBK Private Banking clients the opportunity to invest in a diversified portfolio of leasing contracts that were structured according to the principles of Islamic Shariah…….Full Article: Source

 
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