VOL. XLII
No. 35
30-August-1999
KUWAIT
Securities House Of Kuwait And US Firm Set Up IslamicInvestment Company
Securities House of Kuwait and the California-based GlobalAlliance Value Investors (GAVI) have formed an Islamic equities investmentcompany. The establishment of the company, called Global Securities House andincorporated in Delaware, reflects a novel way for Kuwaiti financialinstitutions, currently not being given licenses to operate Islamic bankingfacilities in Kuwait, to market...
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