09.03.2010 - Qatari bank introduces $1bln fund
From Gulf-daily-news.com: Masraf Al Rayan, one of the leading Islamic banks in Qatar, has launched its $1.1 billion Al Rayan GCC Fund. It has appointed Al Rayan Investment as fund manager of the Sharia-compliant value fund, which will take a medium to long-term perspective, investing in GCC-listed equities as well as fixed-income and money-market instruments. The fund will seek to take an activist investment approach..............................................Full Article: Source
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