Investors can put as little as $2,000 in the new “smartfolio”, which consists of a basket of stocks
Sharia investments
Latest in Sharia investments
Exchange Traded Fund (ETF)
Room for a boom as demand grows for Shariah-compliant funds
As investors around the world have started to factor sustainable considerations in their investment solutions, we can see further potential demand for Shariah-compliant investment products, which by their nature align with responsible, social, and ethical values
Financial resilience
UAE’s National Bonds firm reports investments worth $3.23bn in 2021 as residents return to “low-risk savings”
UAE citizens and residents who have been long-term National Bonds savers with the company since 2006 have earned 64.11 percent in cumulative returns on their savings
Al Mal Capital REIT
Al Mal Capital REIT marks first transaction of the year, acquiring two schools in Ajman
Two school campuses of Al Shola Private Schools in Ajman bought for $81.7m and leased back to the operator on a long-term basis for management and operation
Al Mal Capital REIT
GCC REITs under pressure amid real estate market volatility
With constant fluctuations in the region’s real estate market, adopting international standards to GCC REITs may not be the best approach, according to Tariq Qaqish, CEO of Salt Fund Placement
Emirates NBD Asset Management
ENBD REIT records 3% drop in net asset value
According to a statement released on Tuesday the decline, from $180m to $174m, was a result of ‘sustained valuation pressures’ and ‘softening real estate market conditions’
Emirates REIT
Jebel Ali School and Equitativa Limited on path to resolve rent dispute
The two parties reached an agreement to settle the long-standing issue amid a challenging financial year
Financial Services
$50m India-focused fund to be launched by UAE financial major
UAE-based Shari’ah-compliant financial services firm GII set to launch its second fund targeting a range of sectors in India
NBK Capital Partners
Saudi sovereign wealth fund anchors new $300m Shariah credit fund
More sovereign wealth funds set to invest in the region in response to uncertain economic situation, says NBK Capital Partners boss