Archives for islamic Fund
SHUAA launches three Sharia-compliant funds in ADGM and secures USD 75 million of commitments
SHUAA launches three open-ended Sharia-compliant funds targeting qualified institutional investors through its wholly owned subsidiary, SHUAA GMC Limited United Arab Emirates: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment…
International Islamic Trade Finance (ITFC) Launches Trade Development Fund (TDFD) to Support Intra-Organisation of Islamic Cooperation (OIC) Trade Initiatives
The International Islamic Trade Finance Corporation (ITFC) (), member of the Islamic Development Bank (IsDB) Group, has launched a new Trade Development Fund (TDFD) with an initial target capital of…
Islamic Development Bank pledges $2.3bn Covid support
Of all the multilateral development banks (MDBs), including the World Bank, the Islamic Development Bank’s (IsDB’s) rapid response to the global coronavirus (Covid-19) pandemic has been the most proactive and…
IsDB approves $60m supplementary aid for Pakistan’s polio eradication efforts
The Islamic Development Bank (IsDB) has approved a $60 million supplementary fund for Pakistan to support the country’s polio eradication programme. This includes a $39 million IsDB Murabaha and a…
Public Mutual launches two income funds
KUALA LUMPUR: Public Mutual launched two new funds -- Public e-Income Fund (PeINCF) and Public e-Islamic Income Fund (PeISINCF) – on Wednesday which seek to provide annual income over the…
Saudi Agricultural Development Fund’s strategy approved
The National Development Fund’s (NDF) Board of Directors has approved a strategy by the Agricultural Development Fund (ADF) for a period extending from 2021 till 2025, the Kingdom revealed on…
Coronavirus – Ghana: Muslim Community donates 130,000 Cedis to COVID-19 National Trust Fund
The Ghanaian Muslim Community has presented a cheque for 130,000 to the COVID-19 National Trust Fund. The presentation was made by the National Chief Imam, Sheikh Osman Nuhu Sharubutu, who…