| From Gulf-times.com: Millennium Private Equity, a Dubai government-linked investment company with about $5bn in capital, plans to use Islamic financing for venture capital in Europe after buying the first corporate sukuk in the UK.
Millennium, part-owned by Dubai Islamic Bank, the UAE’ largest Shariah-compliant bank, bought $10mn of four-year convertible notes in July that were sold by International Innovative Technologies, a clean energy company in Gateshead...............................................Full Article: Source
|