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Sukuk.me: BLME Launches The Sharia'a High Yield Fund For Gulf Investors

25/06/2011 09:25:03 AM GMT   Comments ()     Add a comment   Print     E-mail to friend

The BLMEBLME High Yield Fund targets a net return of three-month US$ Libor (London Interbank Offered Rate) in addition to a 5% return per annum by investing up to 85% in Sukuk (often referred to as Islamic bonds) and 15% in Ijara (a lease contract on ...

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Source: AJP

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