17.01.2012 - OSK-UOB Islamic Fund Management signs with IdealRatings as their Shariah screening provider
OSK-UOB Islamic Fund Management, a joint-venture company formed between the OSK Group, one of Malaysia's leading investment bank and Singapore's UOB Group, one of Asia's leading financial institutions, announced that it has signed a strategic agreement with IdealRatings, Inc. a global Shariah compliant fund management service provider to utilize IdealRatings' unique research based screening for their global growth strategy of equity funds. According to Mohamed Noor, CEO, OSK-UOB Islamic Fund Management, OSK-UOB Islamic Fund Management was looking to find a partner who could provide detailed analysis of the revenue breakdown for the global stock market specifically for food companies involved in any non-halal elements. (Press Release)