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Shariah-compliant Guernsey PCC is launched

Posted on 15 October 2010

From Cpifinancial.net: Investment manager Argyll Investment Services has launched the World Shariah Funds PCC, a Guernsey-based suite of Islamic-compliant investments which will be listed on the Channel Islands Stock Exchange (CISX) and distributed globally.
The World Shariah Funds have brought together three major Islamic investment teams within a single fund structure: from Malaysia, Reliance Asset Management (Malaysia) with $4.3 billion assets under management; the south-east Asian CIMB Principle Asset Management with $6.85 billion assets under management; and Markaz of Kuwait with $2.2billion assets under management……………………………………….Full Article: Source

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