17.04.2009 - Al Safi to foray into private equity

From Reuters: Dubai-sponsored Islamic hedge fund platform Al Safi is planning a foray into private equity by the end of this year, the scholar sanctioning its Islamic compliance said on Wednesday. Yusuf Talal DeLorenzo, chief sharia officer at U.S. fund manager Shariah Capital, said the Al Safi platform could also offer up to five long/short equity hedge funds.....Full Article: Source

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