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ADB, IDB, CIMB contribute to sharia investment fund

Posted on 03 July 2009

From Thejakartapost.com: The Islamic Infrastructure Fund (IIF), Asia’s first major multinational Islamic infrastructure fund, received an initial commitment of US$262 million from the Asian Development Bank (ADB), the Islamic Development Bank (IDB), CIMB Group and Standard Bank.

The ADB and the IDB contributed a total of $250 million, while CIMB, Malaysia’s second largest financial services provider, and Standard, a leading African bank, provided $6 million each……….Full Article: Source

 
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