VOL. XLIV
No 38
17-September-2001
KUWAIT
NBK Launches New Class Of Al-KawtharDollar Murabaha Fund, Wins Award
The National Bank of Kuwait (NBK)announced on 8 September that it had launched the second class of al-Kawthar USDollar Murabaha Fund, Class B, which invests according to Islamic Shari'a. In astatement, the bank said that investors will now have the option of eitherreceiving trading profits on a monthly basis through Class A Units orreinvesting them the following month through Class B...
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