07.05.2013 - Asiya upbeat on Islamic Trade Finance Fund
Asiya Investments (Asiya), described as the Asia specialist investment firm, has announced the launch of its Asia Islamic Trade Finance Fund, which will invest in select, Shariah-compliant financing of short-term physical trade flows in Asia and the Middle East. The fund aims to capture a set of opportunities that exist in today’s market. Key among these is the expansion of both intra-Asia as well as cross-border trade flows between Asia and the Middle East. Annual intra-Asia trade is expected to quadruple from almost $ 5 trillion to $ 20 trillion by 2020. Similarly, trade between the GCC and Emerging Asia is growing at a rate of 25 percent per year...............................................Full Article: Source
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