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Islamic Finance Briefing - Categorized | Funds, New Launches, Property, Projects, Infrastructure more

US $47.2 mln Islamic property fund to launch

Posted on 18 November 2010

From Opp.org.uk: The Islamic Bank of Thailand is planning to launch Thailand’s first Islamic property fund, worth THB 1.4 billion (US $47.2 million) in December, the bank’s President Theerasak Suwannayos said this week.
The fund will be called the IBank Shariah Property Fund and it has been set up by The Islamic Bank of Thailan under the Islamic Bank of Thailand Act 2002, regulated by the Ministry of Finance……………………………………….Full Article: Source

 
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