05.05.2016 - Muslim wealth funds stalk halal food acquisitions
The most representative case is without a doubt that of the Qatar Investment Authority, Qatar’s sovereign wealth fund, which manages assets worth $304bn. In 2008, the fund spent $1bn on acquiring an investment arm specialising in the agriculture and livestock sector: Hassad Food. With an investment horizon of 50 to 100 years, the vehicle’s mandate is to make investments in the agrifood sector so as to secure the supply of the country’s halal food in the long term and to obtain juicy returns...............................................Full Article: Source
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