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Article: Amara in JV with Chinese company.

Article from:
CPI Financial
Article date:
June 10, 2009
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Byline: news@cpifinancial.net (Staff Writer)

Amara Holdings, a Shari'ah-compliant investment company headquartered in Dubai has signed an agreement with a subsidiary of New China Trust (NCT), one of the oldest trust and investment management companies in China.

Through the equity joint venture agreement, Amara and New China Trust's subsidiary Shanghai Ding Hai Investment Management Co., Ltd. Will identify and evaluate what a press release described as "lucrative" Shari'ah-compliant investment opportunities in China for themselves and on behalf of co-investors and clients.

Amara said that New China Trust, established in 1979, has a vast ...

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