| From WSJ: The Malaysian unit of Reliance Capital Asset Management, India's largest asset management firm, plans to launch its two maiden Shariah-compliant funds as it seeks to tap into Malaysia's importance as a Shariah-compliant financial hub and the growing demand for Islamic funds from the region.
Reliance Asset Management (Malaysia) Sdn. Bhd. said in a statement Tuesday the two funds--a quantitative Global Equity fund and an India Country fund--will be the first in a series of funds it is planning from Malaysia to target Islamic finance investors..............................................Full Article: Source
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