SGAM to launch Shariah-compliant index funds

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SGAM Alternative Investments is set to launch a series of Shariah-compliant index funds linked to Standard & Poor's Shariah indices.

The asset management firm’s funds will track the S&P US Shariah Index, S&P 350 Europe Shariah Index, S&P 500 Japan Shariah Index, S&P BRIC Shariah Index and S&P GCC Shariah Index. SGAM AI will a...

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