From Zawya.com: The Central Bank of Bahrain approved the first Sharia-compliant offshore fund of Australia, the Hyperion Australian Equity Islamic Fund.
The fund is available for “expert” investors, defined by Bahrain authorities as individuals and institutions that have at least $100,000 in financial assets, as well as governments and related organisations, the investment manager for the fund, Brisbane-based Hyperion Asset Management said……………………………………….Full Article: Source