CIMB-Principal gets Irish nod for first global sukuk fund


KUALA LUMPUR: CIMB-Principal Islamic Asset Management (Ireland) Plc has obtained approval from the Central Bank of Ireland to launch its Global Sukuk UCITS Fund, Malaysia’s first global sukuk fund under the Undertakings for Collective Investment in Transferable Securities (UCITS) funds structure.

CIMB-Principal Islamic Asset Management Sdn Bhd (CIMB-Principal Islamic) in a statement said it would act as the investment manager and master distributor of the fund.

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Business , CIMB , sukuk

   

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