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Islamic Finance Briefing - Categorized | Funds, New Launches more

Emirates NBD launches new Islamic fund

Posted on 30 March 2010

From Tradearabia.com: Emirates NBD, the largest banking group in the Middle East in terms of assets, has launched a daily dealing Sharia-compliant open ended fund domiciled in Jersey.

The Emirates Islamic Money Market Fund (the Fund),aims to achieve higher profit return than comparative Sharia-compliant bank deposits, predominantly from a diversified portfolio of Sharia-compliant money market instruments………………………………..Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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