From Menafn.com: Bahrain’s sovereign wealth fund (Mumtalakat), which invests mostly at its home-country, plans to diversify away from private equity projects and into stocks and bonds, The Peninsula reported.
Chief Executive Officer, Talal Al Zain, said that Mumtalakat expects to receive a credit rating in 2010, which would allow it to tackle capital markets for funding, including Islamic bonds………………………………….Full Article: Source