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Saudi's Al Rajhi Capital to launch first sukuk fund

Published: 20/06/2014 07:25:02 AM GMT
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Riyadh: 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 (more)

Riyadh: 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 ...

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