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Tags: Shariah

Launching of Barak Shariah Trade Finance Fund

Launching of Barak Shariah Trade Finance Fund

Barak Fund Management, after some consideration over the past few years, has decided to go ahead and launch a Trade Finance Fund focusing on fully Shariah-compliant transactions. The Fund will be based on the same underlying strategy as the current flagship Barak Structured Trade Finance Fund (short-term, asset-backed alternate credit lending in the sub-Sahara African region), however will be mandated to invest in Shariah-compliant trades.