Barclays Capital will launch Al Safi Trust, a Shariah-compliant investment platform by the year's en...
Barclays Capital will launch Al Safi Trust, a Shariah-compliant investment platform by the year's end. Al Safi will comprise six Islam-compatible long/short and market-neutral sub-funds, with bottom-up, quantitative or sector-specific in-vestment styles. Each fund will offer Islamic investors independent reporting and hedge-fund exposure. Frank Gerhard, Barclays Capital's head of project strategy in fund-linked derivatives, said the platform will move into real estate and commodity funds next, but admitted it may not be possible to deliver Shariah-compliant versions of all hedge-fund stra...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
