First Shari’ah compliant multi-asset class fund to gain admission to AIM

By: Staff Writer

Will provide access to Shari’ah compliant hedge fund offerings, real estate, private equity and Sukuk options.

This will be the first Shari’ah complaint multi-asset class fund to gain admission to the AIM

The Family Shari’ah Fund said it has completed the closing of a $31.5 million placing which was undertaken by The Family Office Company, a wealth management multi-family office based in Bahrain. A statement from the company said that the capital raised will be used to launch the company, which will have a new multi-asset class investment fund and will provide exposure to a variety of Shari’ah compliant investments.