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Article: $600m Islamic investment firm launched.
- Article from:
- TradeArabia (Manama, Bahrain)
- Article date:
- October 7, 2009
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(Dateline: Dubai )
A new Islamic investment firm, Fajr Capital, has been set up in Dubai with an initial funding of $600 million to focus on financial services and complementary opportunities in the broader economy in key Muslim markets.
The firm brings together a prominent and diverse set of shareholders, including the sovereign investment bodies Khazanah Nasional Berhad of Malaysia, Brunei Investment Agency and Abu Dhabi Investment Council, and the private Saudi-based firm MASIC (a member of the Al Subeaei Group).
Based in the Dubai International Financial Centre and with offices in Kuala Lumpur and London, Fajr Capital, intends to be an ...