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Finance Saudi's Al Rajhi Capital To Launch First Sukuk Fund

Published: 19/06/2014 10:25:02 AM GMT
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The investment banking arm of Saudi Arabia's Al Rajhi Bank has received regulatory approval for its first mutual fund that will invest in sukuk (Islamic bonds), as demand for sharia-compliant debt rises in the Gulf's largest economy. Al Rajhi is the (more)

The investment banking arm of Saudi Arabia's Al Rajhi Bank has received regulatory approval for its first mutual fund that will invest in sukuk (Islamic bonds), as demand for sharia-compliant debt rises in the Gulf's largest economy. Al Rajhi is the ...

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