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Shariah Capital and DMCC to boost funds to multibillion level fund plans

Posted on 01 February 2010

From Business24-7.ae: Connecticut-based Shariah Capital and Dubai Multi- Commodities Centre (DMCC) plan to boost assets under management in their specialised commodity funds to “multibillion” dollar level in three years from almost $260 million (Dh954.2m) now, senior officials said.

“Our plan is to make this a multibillion project within three years. We’re now ready to raise funds,” Eric Meyer, Chairman and Chief Executive of Shariah Capital, told Zawya Dow Jones in an interview………………………………….Full Article: Source

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