Al Dar heads trade finance category - 23rd Jul 2012

Kuwait ranked number one in the Islamic trade finance category with Al Dar Money Market Fund that is managed by Al Dar Asset Management Company since April 2004. Al Dar achieved a quarterly return of 1.7%. Two GCC focused funds followed with a return of 1.1% and 0.51% realized by BLME Umbrella SICAV-SIF – Shariah USD Income Fund and AlAhli US Dollar Sukuk and Murabaha Fund respectively. Samba Capital was classed in the fourth and fifth positions with its International Trade Finance Funds (USD & SAR).

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