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Islamic Finance Briefing - Categorized | Funds, New Launches more

BLME gears up to launch Shariah-compliant fund

Posted on 24 May 2010

From Arabnews.com: In the Kingdom, for a seminar on Islamic finance recently, Nigel Denison, director and head of asset management, Bank of London and the Middle East (BLME) said that the totally-Shariah based bank is currently working on the development of a Shariah-compliant Absolute Return Fund.
“We have been watching the whole scenario of active and passive fund management and have been working with a lot of interest on the development of an absolute return fund,” said Denison…………………………………Full Article: Source

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