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COMMERCE Trust Sdn Bhd expects its newly launched I>syariah /I>compliant fund called Lifetime Dana Barakah to bring total funds under its Islamic-based unit trust schemes to close to RM100mil by end of this year.
This is the third and final part of a series on CIMB's venture into Islamic banking. The first two appeared on March 10 and April 14. Come June 2, Bank Negara governor Tan Sri Zeti Akhtar Aziz will launch CIMB's product offerings for Islamic banking.