VOL. XLIV
No 50
10-December-2001
KUWAIT
Kuwait Finance House To LaunchMoney Market Fund With HSBC
Kuwait Finance House (KFH) hasannounced that it has signed an agreement with HSBC to establish the Amanamoney market fund as a new Islamic investment product fully compliant withShari'a law. The Kuwaiti daily al-Watan quoted Muhammad al-Kandari, thehead of KFHs Treasury Department, on 29 November as saying that the bank wasin the process of finalizing the necessary administrative measures associated...
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