Takaful Emarat and Riyad Capital launched $5.3 million global equity investment fund
Takaful Emarat, the UAE-headquartered Shariah-compliant insurance company, is joining forces with Saudi Arabia's Riyad Capital to launch a $5.3 million Shariah-compliant global equity investment fund.
The Fund is designed to be a long-term saving venture with a high degree of capital protection that may be exercised at any valuation. The new Capital Protected Fund offers 90% of the highest net asset value protected at all time. The Fund is a global fund and is linked to the performance of selected Shariah-compliant stocks, chosen for their high cash flow and low debt to equity ratio.
Riyad Capital is listed in the Middle East Investors Directory with the code BFD110
More details follows:
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