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Sovereign Wealth Funds Briefing - Categorized | Market

Kuwait firm launches Islamic trade finance fund

Posted on 07 May 2013

Kuwait-based Asiya Investments has launched an Islamic trade finance fund with $20 million in seed capital, aiming to cater to small Asian manufacturers.
Asiya, whose largest shareholder is sovereign wealth fund Kuwait Investment Authority, aims to fill a gap left by Western banks that are scaling back their trade finance business, making credit scarce for small and medium-sized firms………………………………………..Full Article: Source


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