26.11.2008 - SEI launches South Africa’s first offshore multi manager Sharia funds
From Itinews.co.za: SEI, the U.S.-based manager-of-managers, has become the first global investment management firm to launch an offshore range of Shari’ah compliant (compliant with Islamic Law) investment funds for South African institutional and retail investors. The four Shari’ah funds: the SEI Islamic US Equities Fund, the SEI Islamic European Equities Fund, the SEI Islamic Emerging Markets Equities Fund and the SEI Pacific Basin Equities Fund, are registered with the Financial Services Board and are designed to comply with Shari’ah laws whilst not compromising investment return potential...... Full Article: Source
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