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Islamic Finance Briefing - Categorized | Finance, Performance more

Structured Trade Finance Fund ought to be a major asset class

Posted on 05 January 2010

From Arabnews.com: The imminent launch in early 2010 of the Shariah-compliant Structured Trade Finance Fund by Gatehouse Bank PLC will see a welcome return to a classical bread-and-butter asset class and financing activity, which the Islamic finance industry seems to have neglected over the last few years.

The industry, according to seasoned Islamic bankers, has become pre-occupied with the more lucrative sukuk (Islamic bond) market and the “bricks-and-mortar” real estate market over the last few years, especially in the Gulf Cooperation Council (GCC) countries………………………………….Full Article: Source

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