Thursday 28 May 2009

Salama in tie-up to offer three Islamic funds

Salama, the world's largest takaful and re-takaful group, has tied up with Crédit Agricolé Asset Management (Caam) Group to offer a bouquet of Shariah-compliant funds to investors.

The three Islamic funds are Bric (Brazil, Russia, India and China) quantitative fund, an active Asian equities ex-Japan and a Global Equity fund of Islamic funds.

The funds give investors the opportunity to diversify their equity asset allocation through different investment processes (quantitative, active and multi-management) or country exposure (Bric, Asia ex-Japan, Global Equities).

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