27.11.2009 - Safeena Islamic fund acquires first investment in marine asset
From Bernama: Safeena (L) Ltd, the first Malaysian Islamic shipping fund established more than a year ago, has completed its first investment with Jimbaran AS, a Norwegian entity that owns and manages chemical tankers. A statement by its equity shareholders, Asian Finance Bank and Amanah Investment Bank (L) Ltd, said the investment was made through Istisna (construction contract) and Ijarah Mawsufah fi Dzimmah (forward lease).................................Full Article: Source
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