VOL. XXXI
NO. 35
6-JUNE-1988
Financial and Banking News
INVESTMENT ACTIVITIES
CSFB Launches Islamic Fund
Credit Suisse First Boston (CSFB) has joined the ranks of western fundmanagers offering Islamic products by launching its "Islamic InvestmentFund," registered in the British Channel Islands in March. The fund ismanaged by a newly created CSFB subsidiary Veryfinance Ltd., and it acceptssubscriptions of a minimum 25,000 shares at an issue price of $1.03 per share.According to the advertisements...
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