08.12.2009 - Gatehouse Bank and DDCAP launches Shariah-compliant Structured Trade Finance Fund
From Zawya.com: Gatehouse Bank plc, the wholesale Islamic bank based in the UK, will launch a Shariah-compliant Structured Trade Finance Fund in early 2010 with wholesale Islamic market intermediary company DDCAP Limited to invest capital in structured trade finance transactions in order to inject new flows of capital into the global marketplace. Currently, as a result of the credit crisis, many Western banks operating in this sector are restricted in their trade finance activities and the creation of a Islamic fund to service this sector would have worldwide benefits, providing liquidity to a market that has been seriously constrained...................................Full Article: Source
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