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3i launches $100m Islamic fund
- Monday, June 04 - 2007 at 09:13
3i Capital Group has introduced a $100m shariah-compliant opened-ended fund under its Dubai Growth Fund programme, Arab News reported. Emirates Islamic Bank is the receiving bank, HSBC Bank Middle East is custodian and administrator, and The National Investor is portfolio manager. The fund will primarily invest in listed securities in the GCC region. It costs a minimum $1,000 to subscribe.
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James McInerney, News EditorMonday, June 04 - 2007 at 09:13 UAE local time (GMT+4)
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This article was updated on Sat Jun 09 2007.
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