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Islamic Finance Briefing - Categorized | Funds, New Launches more

International firm introduces three Shariah-compliant funds

Posted on 20 March 2013

International investment firm Franklin Templeton has launched one debt market fund and two equity market funds, which are all Shariah-compliant, media reports said on Tuesday. “Look, there’s a chance for you to invest in ways you think is proper,” said Templeton Emerging Markets Group Executive Chairman Mark Mobius in Dubai on March 17.
“Looking at the potential size of the market at about $500 billion, you’ve got about 1.3 billion Muslim investors and you have to attract them. It’s a matter of taking the message to [them],” the newspaper quoted Mobius as saying………………………………………..Full Article: Source

 
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