Sukuk.Net:A number of Dubai-based banks and asset managers are launching funds to invest in Islamic debt, hoping to capitalise on de-pressed prices and attractive yields.
Emirates NBD, Mashreq Capital and Algebra Capital - among others - have already or are in the process of raising $50m-$100m (€39m-€78m, £34m-£69m) in capital from individual and institutional investors, as regional investors are expected to eye the returns and relative safety of Islamic fixed income, or sukuk...Continue Reading
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