Thu, Oct 30, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Finance, Funds, Market Moves more

ADB, IDB to set up $500 mln Islamic infrastructure fund

Posted on 03 June 2009

From Reuters: Asian Development Bank and the Islamic Development Bank will set up a $500 million sharia fund to help plug a gap in infrastructure needs in Asian economies, ADB said on Tuesday.

The fund, which would be Asia’s first major multi-country sharia infrastructure fund, would invest in the 12 countries that are borrowing members of both banks including Afghanistan, Bangladesh, Indonesia, Kazakhstan, Malaysia, Pakistan and Uzbekistan…….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031