| 06.05.2009 - KFH establishes Shariah shipping fund via joint venture |
| From Bernama: Kuwait Finance House Labuan, a wholly-owned subsidiary of Kuwait Finance House (Malaysia) Bhd, has teamed up with SFS Group Public Company Ltd to establish a Shariah compliant shipping fund via a limited partnership before the year's end. In a joint statement here today, both companies said the target fund size is approximately US$150 million, to be managed by an equally-owned company acting as the general partner based in the Cayman Islands.......Full Article: Source |