21.02.2012 - ADEP set to launch soft commodity-backed products
Abu Dhabi Equity Partners (ADEP) will be launching its suite of soft commodity-backed investment products at the 11th Annual Islamic Finance Summit 2012 in London on 21 22 February 2012. ADEP Managing Partner, Muneef O. Tarmoom, said, "Primary industry research shows that approximately 24 per cent of leading Islamic banks' balance sheets are invested in cash or its equivalent - well in excess of conventional banks often due to no other reason other than sparse availability of alternative liquidity management instruments"..............................................Full Article: Source
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