Barclays Capital Offering Shariah-Compliant Repurchase Agreements
On August 19, 2010 · In Barclays, Britain, Derivatives, Islamic Finance, Sharia Compliant, Sharia Products, Shariah Finance, United Kingdom
Barclays Capital, the investment banking arm of London-based Barclays Plc, is offering Shariah- compliant repurchase agreements to allow Islamic banks and investors manage their funds.
Barclays introduced the product worldwide two weeks ago and is focusing on clients in Malaysia and the Middle East.
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