07.10.2010 - Al Rajhi Capital introduces new Shariah-compliant fund
From Banking-business-review.com: Al Rajhi Capital, the investment-banking subsidiary of Al Rajhi Bank and Saudi Arabia-bsaed asset manager, has launched a new Shariah-compliant Al Rajhi Saudi Equity Fund, a Specialized Investment Fund (SIF) established under Luxembourg law. The open-ended fund provides global investors access to Saudi Arabia's stock market. The fund is is targeted at professional, institutional and other investors across Europe and the Middle East, said the company..............................................Full Article: Source
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