• HSBC

EFS, $100m Islamic realty fund

  • United Arab Emirates: Wednesday, June 22 - 2005 at 15:31

Emirates Financial Services has launched a $100m Sharia-compliant GCC Real Estate Fund, incorporated by Global Investment House in Bahrain. Alargan International Real Estate Company has been appointed as investment advisor to the fund which has a minimum investment of $175,000, and focuses primarily on the GCC's middle and low-cost residential sectors.

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