Dubai meets market demand for shariah compliant $250M fund
June 19th, 2008 Posted in Islamic FinanceReuters reports (6/19) that a new $250M fund-of-funds has been established in the Caymans to connect investors with shariah compliant investment opportunities. The fund will be managed by Tocqueville Asset Management, Lucas Capital Management, Zweig-DiMenna International Managers, Ospraie Management and BlackRock. Dubai’s most recent move highlights the growing attractiveness in shariah compliant investing.
