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Islamic Finance Briefing - Categorized | Funds, Market Moves

Shariah-compliant funds on website

Posted on 15 March 2010

From Arabnews.com: Al-Rajhi Capital, the investment arm of Al-Rajhi Bank, signed a distribution agreement with Derayah Financial on Saturday which would enable its Shariah-compliant mutual funds to be available to individual investors through its website, www.derayah.com.

“The agreement represents the company’s aim to widen the distribution channels of its investment funds to meet the growing customer needs,” said Modker Al-Mutairi, vice president of sales and distribution at Al-Rajhi Capital……………………………………..Full Article: Source

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