16.10.2009 - Sorooh plans to launch Islamic-compliant EU fund
From Arabtimesonline.com: Sorooh Investment company has signed a memorandum of understanding with Prime Property Consultants Company and HE Hamad Bin Abdullah Al-Attiyah to create “ Sorooh European income-generating Fund — Al Seif compliant with Islamic Sharia”. The fund will be established with equity of 200 million Euros representing a total investment volume of approximately 650 Euros and will offer investors the opportunity to invest in high-quality income generating from commercial real estate in Western Europe.........................Full Article: Source
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