No. 24



Kuwait Finance House To Launch New Islamic Fund With BNP Paribas

Kuwait Finance House (KFH) announced on 6 June that it has signed a memorandum of understanding with BNP Paribas for the establishment of an Islamic Money Market Fund. In a statement, KFH said that the fund will invest in leasing assets and issue liquid tradable certificates, offering a short-term investment opportunity of prime quality KFH said that the certificates will be accorded AAA credit...