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Islamic Finance Briefing - Categorized | Funds, Market Moves more

30% of Khalifa Fund loans go to women

Posted on 10 July 2009

From Gulfnews.com: More than 50 per cent of Khalifa Fund loans have gone to industrial projects and 30 per cent to female entrepreneurs, Fund Chairman Hussain Al Nowais said at an awards ceremony on Wednesday night.

Established in 2007, the fund’s paid-up capital has grown from Dh300 million to Dh1 billion. It has provided more than Dh320 million to about 200 existing and start-up businesses……..Full Article: Source

 
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