Bahrain’s Family Shariah set for new investment launch

The fund will be managed by Family Office to generate stable long-term capital appreciation across a market cycle through a diversified pool of investments, in strict accordance with Sharia principles. The company said it had instructed its nominated adviser in London, Blomfield Corporate Finance, to proceed with its application for admission to the AIM market of the London Stock Exchange. It is anticipated that trading on AIM of 31.5 million ordinary shares at a placing price of $1 per share is expected to commence on July 25 under the symbol FSF.

This will be the first Shari’ah compliant multi-asset class fund to gain admission to the AIM and will provide investors with a diversified pool of Shari’ah compliant assets including Shari’ah compliant hedge fund offerings, real estate, private equity and Sukuk options.  <<<<<<

It would be nice to have this kind of financial news in the U.S. for a change.  Americans don’t seem to realize that there is strength in Islamic principles.  When the word shariah is mentioned, one actually gets more of a sense of justice.  Just try and use the Treasury Department, or Dept. of Justice in place of shariah.  You just don’t get that sense that your money will be as secure, do you?