Kuwait: Wednesday, July 09 – 2008 at 09:00

Tharwa Investment Company, a closed Kuwaiti shareholding company, has launched a new Shariah-compliant money market fund. The Tharwa Islamic Money Market Fund provides liquidity and current income to investors so they can meet short term and medium term cash flow requirements, while aiming to maintain capital stability by investing in instruments that comply with Islamic Shariah rules and regulations in Kuwait, the company said.


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