|
The Emirates Islamic Money Market Fund will be fully Sharia-compliant and will be available in an open-ended structure offering investors daily dealing.
Emirates NBD Group is the biggest banking group in the Middle East with assets at the end of December last year of Dhs281.6bn with a market share of 20.5%. It currently has operations across the Middle East as well as in the United Kingdom and Jersey, and representative offices in India, Iran and Singapore.
Xavier Meyer comes in
Group will launch £4.5m in cost-saving measures over the coming months
The reluctance of platforms to allow for fractional trading means the inclusion of ETFs and investment trusts within MPS is being constrained
Record annual IHT take last tax year of £7.5bn likely to be beaten
Securing an income is no-longer purely a mathematical calculation, writes Oxford Risk’s Greg B Davies
Fund has split its fixed income exposure into four, rather than using a single broad index
