03.09.2010 - Shariah-compliant Guernsey PCC is launched
From Mondaq.com: Investment manager Argyll Investment Services Limited has launched the World Shariah Funds PCC Limited, a Guernsey-based suite of Islamic-compliant investments which will be listed on the Channel Islands Stock Exchange (CISX) and distributed globally. The World Shariah Funds have brought together three major Islamic investment teams within a single fund structure: From Malaysia, Reliance Asset Management (Malaysia) with US$4.3 billion assets under management; the south-east Asian CIMB Principal Asset Management Berhad with US$6.85 billion assets under management; and Markaz of Kuwait with US$2.2billion assets under management..............................................Full Article: Source
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