Entity

sharia-compliant China equity fund

A sharia-compliant China equity fund is an investment vehicle that pools capital to invest in Chinese stocks while adhering to Islamic finance principles, such as avoiding interest and unethical industries. It is a joint venture between China Asset Management (Hong Kong) and Qatar's Lesha Bank.

Why it’s in the news: It is in the news because it was recently launched to attract Middle East capital during a period of geopolitical turmoil.

Latest on sharia-compliant China equity fund

  • The fund aims to attract Middle East capital amid geopolitical turmoil.
  • China Asset Management (Hong Kong) and Qatar's Lesha Bank launched Qatar's first sharia-compliant China equity fund on Wednesday.
  • Hong Kong firm, Qatar bank to launch Chinese equity fund to lure Middle East capital

Connections

3 entities linked to sharia-compliant China equity fund across the news graph.