19.09.2011 - HSBC Saudi Arabia launches new fund
HSBC Saudi Arabia has launched its new HSBC Amanah Commodity Index Fund. The objective of this open-ended Shariah compliant fund over the long term is capital growth by investing in commodities in a Shariah compliant manner, whereby the fund will track the performance of a commodity index. Commodities are raw materials used for creating products from petroleum to household items..............................................Full Article: Source
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