F&C announces China expansion, Middle East Shariah fund By Barney Hatt  27-Apr-2009 12:05 PM
Fund manager F&C Asset Management has announced plans for China expansion and a Middle East Shariah fund launch.

India firm Taurus launches Sharia hedge fund By Barney Hatt  20-Feb-2009 11:10 AM
India hedge fund manager, Taurus Mutual Fund, has launched what it claims is India’s first actively managed equity oriented Sharia-compliant fund, the Taurus Ethical Fund.

Islamic finance on the rise By Barney Hatt  09-Feb-2009 04:37 PM
Islamic financial institutions will be able to withstand the credit crisis better than other banks because they were forbidden from investing in 'toxic assets' such as sub-prime mortgages, according to a new report by International Financial Services London.

Dubai unveils first shariah compliant hedge fund index By Barney Hatt  07-Jan-2009 11:30 AM
The Dubai Multi Commodities Centre Authority (DMCCA) and Shariah Capital have launched the first internationally-recognised index comprised exclusively with shariah-compliant hedge funds.

MFC to launch $600m private equity funds By Barney Hatt  17-Dec-2008 05:15 PM
The Millennium Finance Corporation (MFC) — a Sharia-compliant investment bank — plans to launch three private equity funds with a total value of $600 million, which are expected to close in the first half of next year.

Pru links up to expand Dubai distribution By International Adviser  27-Nov-2008 05:00 PM
Malaysia-based Prudential Fund Management Bhd (PFMB) and Dubai-based Prudential Asset Management (PAMD) have agreed to expand marketing co-operation and distribution of Shariah-compliant funds.

SEI targets Shariah funds at South African investors By Barney Hatt  20-Nov-2008 05:00 PM
US-based asset manager SEI is targeting South African institutional and retail investors wanting to increase their offshore exposure with a range of shariah-compliant investment funds.

BlackRock launches resources and mining fund into Middle East By Leonora Walters  17-Nov-2008 01:00 PM
BlackRock is to launch its Global Resources & Mining Fund in the Middle East via Dubai Shariah Asset Management’s feeder fund on the sharia compliant Al Safi Trust platform.

Deutsche Bank to offer Sharia hedge fund platform By Barney Hatt  25-Sep-2008 10:25 AM
Deutsche Bank is preparing to launch a Sharia-compliant hedge fund platform within the next month, as part of its Middle East expansion plans.

Lehmans collapse delays Sharia hedge fund launch By Barney Hatt  18-Sep-2008 01:05 PM
The collapse of Lehman Brothers has delayed the launch of a Sharia-compliant fund of hedge funds.

European Finance House to launch suite of sharia compliant Lux funds By Leonora Walters  11-Sep-2008 11:30 AM
European Finance House (EFH), the European subsidiary of Qatar Islamic Bank, is to launch a suite of Luxembourg regulated sharia compliant mutual funds.

Algebra and Elaf launch Sukuk Fund to tap into growing market By Leonora Walters  09-Sep-2008 01:00 PM
Dubai based fund manager Algebra Capital has launched its Sukuk Fund in conjunction with Bahrain’s Elaf Bank, to invest in sharia compliant securities issued in the Middle East, North Africa and emerging Asia.

Sharia financials - a way to beat the credit crunch? By Leonora Walters  05-Sep-2008 01:30 PM
The attractiveness of sharia compliant financial institutions has been further underlined by yesterday’s good set of results from European Islamic Investment Bank (EIIB), while Gartmore reports increased interest in sharia compliant fixed income.

EIIB moves into sharia private equity space By Leonora Walters  05-Sep-2008 01:00 PM
European Islamic Investment Bank (EIIB) has launched a private equity and corporate advisory businesss which will target mid-sized deals with GCC investors and European corporates.

Investors turning to shariah in quest for better credit By Leonora Walters  03-Jul-2008 02:00 PM
The credit crunch has increased interest in Shariah compliant finance as investors find it harder to raise money from western institutions as they tighten lending rules, reports Gartmore Investment Management.

Daiwa launches Singapore shariah ETF By Barney Hatt  25-Jun-2008 10:45 AM
Daiwa Asset Management has launched the Singapore Stock Exchange's (SGX) first Sharia-compliant exchange traded fund.

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