15.06.2009 - Olivant loses GBP2.3mln on sharia asset fund
From Telegraph: Olivant, the investment firm set up by former Abbey chief executive Luqman Arnold, has taken a £2.3m hit after being forced to write down its stake in a Middle East-focused asset manager. Olivant Investments has written down the entire value of its 30pc stake in Amiri Capital, a sharia-compliant asset management group, according to documents filed at Companies House.........Full Article: Source