ahlibank to launch Oman's first sharia-compliant fund
14 May 2013 04:26 GMT
 

MUSCAT -- Al Hilal MENA Fund (AHMF), an open-ended fund based on the Mudaraba structure, operating in accordance with the principles of sharia, (more)

MUSCAT -- Al Hilal MENA Fund (AHMF), an open-ended fund based on the Mudaraba structure, operating in accordance with the principles of sharia, will be launched by ahlibank on May 22, 2013. It will be the first sharia-compliant fund to be rolled out by an Omani bank. The initial subscription period will continue up to June 20, 2013.

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