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Article: Rasmala investments Saudi launches Shariah compliant Saudi equity fund
- Article from:
- Al Bawaba
- Article date:
- July 28, 2009
CopyrightCopyright 2009 Al Bawaba. Provided by ProQuest LLC. (Hide copyright information)
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Rasmala investments Saudi launches Shariah compliant Saudi equity
fund
Rasmala Investments Saudi announced today the launch of its
Shariah Compliant "Rasmala Saudi Equity Fund"The new fund will
predominantly invest directly in the Shariah Compliant securities
listed on Tadawul. The fund is denominated in Saudi Riyal with a
minimum subscription amount of SR 50,000."We believe that the
fundamentals of the Saudi economy will remain robust given the ...