Middle East Economic Survey

VOL. LII

No 41

12-Oct-2009

REGIONAL

Islamic Investment Firm With $600Mn Funding Announced

Investors from the Gulf and Southeast Asia announced on 6 October the launch of Fajr Capital, a new Islamic investment firm aiming to make investments in the financial services industry in its shareholders Muslim markets. The firm has initial funding of $600mn from its diverse array of shareholders, including the Abu Dhabi Investment Council, the Brunei Investment Agency, Khazanah...