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Islamic trade finance fund is launched

Islamic trade finance fund is launched

EIIB-Rasmala, a venture between London-based European Islamic Investment Bank and Dubai's Rasmala Group, has launched a Sharia-compliant trade finance fund as a low-risk investment product, the firm said yesterday.

Islamic trade finance remains a tiny part of global banking business, but it is gradually attracting interest among banks and asset managers because of the rapid growth of global trade, including in Gulf economies

Islamic Banking

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