Sunday, February 8, 2009

Emirates Islamic Bank Offers Emirates Sukuk Fund

Dubai City Guide:Emirates Islamic Bank one of the leading Islamic financial institutions in the region, now offers Emirates Sukuk Fund No.1 Limited, a callable, 4 year closed-ended Shari’a compliant Fund which will hold a portfolio of Sukuks issued by companies, predominantly in the Middle East and North Africa.

Managed by Emirates Investment Services Limited, the newly launched Fund opens the Islamic bond asset class to a wide range of investors, with a minimum investment of $25,000 for individual investors and $1,000,000 for institutional investors...Continue Reading

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