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Citi plans more Islamic equity-type products

Posted on 07 July 2010

From Maktoob.com: Citi will offer more equity-type Islamic products such as mudaraba accounts and stock investments to access Middle East funds which chase higher returns, a company official said on Tuesday.
The shift towards more risk-sharing investments, which mirrors an industry trend, comes as investors grow increasingly risk-averse on worries about the global economic outlook……………………………………….Full Article: Source

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