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Islamic Finance Briefing - Categorized | Funds, New Launches more

BLME establishes income fund

Posted on 29 July 2009

From Business24-7.ae: Bank of London and The Middle East (BLME) yesterday launched Shariah Dollar Income Fund with a seed capital of $50 million (Dh183.5m), said a statement.

The fund, the first and largest Shariah compliant money market fund in Europe, will be managed by Jason Kabel and will be available to institutional and professional investors in the UK, Europe and Middle East………Full Article: Source

 
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