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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Performance more

National Bonds sees 30pct growth as women save

Posted on 05 October 2010

From Bloomberg: National Bonds Corp. sees asset growth of as much as 30 percent in the next two years as the Dubai government-controlled Islamic fund manager targets women and immigrants, typically ignored by banks.
The Shariah-compliant company, with about 5 billion dirhams ($1.4 billion) under management, plans to introduce savings plans for the country’s female population and retirement funds for the United Arab Emirates’ 6.5 million foreign workers, Chief Executive Officer Mohammed Qasim Al Ali said in an interview……………………………………….Full Article: Source

 
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