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| European Finance House Launches Sukuk Fund |
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European Finance House (EFH) is delighted to announce the launch of the EFH Global Sukuk Plus Fund with substantial seed capital from its anchor investor, the Qatar Islamic Bank (QIB).
The fund is a Luxembourg domiciled mutual fund launched from EFH’s Shari’a compliant platform that invests in the rapidly growing Sukuk market, an asset class that displays excellent investment characteristics. The fund is US Dollar based, actively managed to add value to investors and offers weekly liquidity with a simple, highly transparent and efficient structure. The fund will be targeting a broad range of sophisticated investors who are looking to access this exciting asset class. The fund is targeted to reach USD200m and to carry a yield of 3m US Dollar LIBOR + 600 basis points |
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