Abu Dhabi-based Al Hilal Bank said its new Global Sukuk Fund has delivered a strong performance generating 4.3 per cent in only six months since its launch.
The fund invests in a diversified portfolio of Sharia-compliant sukuk iss
Al Hilal Bank, an Islamic bank owned by the Abu Dhabi Investment Council, has announced the launch of its first sukuk fund that caters to high demand for low-risk Shariah-compliant investment.
The new offering, Al Hilal Global Sukuk Fund,
Emirates Investment Services Limited (EIS), the asset management arm of Emirates NBD Bank, has announced the closure of its award-winning Sukuk Fund.
EIS is a company registered in the Dubai International Financial Centre and regulated by
Bahrain-based Islamic investment house Tharawat said it plans to raise $100 million by year-end for a sukuk fund it recently launched to snatch up bargains on the secondary market.
Tharawat chief executive Arif Moh'd Al Alawi also told Reu
Tharawat Investment House has launched its sukuk fund, which is an open-ended, Sharia-compliant investment fund based in Bahrain.
The fund will invest around 70 per cent of its assets in government and corporate Sukuk in the GCC, Middle Ea