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CBB go-ahead for first offshore Islamic fund

Posted on 30 September 2010

From Gulf-daily-news.com: The Central Bank of Bahrain (CBB) has authorised formation and marketing of the Hyperion Australian Equity Islamic Fund, the first Sharia-compliant offshore fund comprised of the country’s stocks.
Investment manager for the fund is Hyperion Asset Management, a Brisbane-based, growth-style manager whose award-winning core investment team has worked together since 1997……………………………………….Full Article: Source

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