19.04.2013 - UBL introduces Islamic Principal Preservation Fund
Launched under the Siraj umbrella, UBL Funds introduced the UBL Islamic Principal Preservation Fund on April 1st, 2013. For the first time in Pakistan, investments can be made in a Shariah Compliant investment scheme with 100% exposure into the stock market while benefiting from the principal preservation advantage. This scheme can be a gateway for all prudent investors to the Pakistani stock market has that has given an absolute return of 525% in the last ten years (DEC 2002-2012)...............................................Full Article: Source
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