15.12.2008 - MFC plans $600m private equity funds
From Khaleejtimes.com: The Millennium Finance Corporation (MFC) — a Sharia-compliant investment bank — plans to launch three private equity funds with a total value of $600 million, which are expected to close in the first half of next year. “We are launching three new funds: a Clean Energy Fund, focusing on such renewable energy technologies as wind, solar, and biofuels; an Africa Fund, focusing on investing in sub-Saharan Africa; and a Real Estate Fund,” COO of MFC Ahmad Atwan said..... Full Article: Source