Saudi Arabia’s Cautious Sovereign Wealth Fund
On May 30, 2014 · In Debt Bonds, Islamic Bonds, Saudi Arabia, Shariah Bonds, Sovereign Wealth Funds, SUKUK
The Economist provides a bit of insight into the Kingdom of Saudi Arabia’s sovereign wealth fund in the article linked below.
Note that the article mentions that the fund invests in bonds. It does not specify sukuk, or Shariah-compliant bonds. It simply says that the fund invests in bonds, which would be decidedly haram…
Tagged with: Sanabil • Saudi Arabia Monetary Agency