Bahraini investment house Tharawat plans to raise $100m by the end of the year and $200m over the next two years targeting individuals and institutional investors with its recently launched sukuk fund
The GCC ’s bond and sukuk market is underdeveloped and must be encouraged to grow and diversify in order to strengthen the region’s economy, said industry officials at a seminar in Dubai
Abu Dhabi-based investment boutique Al Bashayer Investment is partnering with ING Asset Management to launch two fixed income sukuk funds by the end of the year
The National Bank of Kuwait has launched its second Kuwaiti Dinar-denominated Islamic ijara fund this month following high investor demand for its first product, launched in June this year
HSBC has announced that it is delaying the launch of its first Islamic bond fund in response to investor unease at the proposed four-year lock-up period