11.10.2012 - Crescent and BLME to offer Aussies taste of Sukuk
Australian investors will soon be able to tap into one of the world’s fastest-growing asset classes under a new tie-up between the country’s only dedicated Islamic fund manager and Europe’s largest Islamic bank. From early next year, Australia’s the Crescent Islamic Cash Management Fund will be able to allocate up to half of its assets to investment-grade Islamic bonds, or sukuk, under the advice of Bank of London and The Middle East, or BLME...............................................Full Article: Source
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