The three funds include a quantitative BRIC fund (it invests in Brazil, Russia, India and China), an Asia ex-Japan fund and a Global Equity fund-of-funds, according to this article.
"With this partnership, Salama has demonstrated yet again its commitment to bring the best fund managers and funds available in the Islamic space from across the globe to the doorstep of UAE residents," Noel D'Mello, a general manager at Salama, is quoted as saying.
Salama, aka the Islamic Arab Insurance Company, is a listed company in Dubai. It's also the largest Islamic insurance (takaful and re-takaful) group in the world. Credit Agricole, meanwhile, is France's largest retail banking group.
Note: The original version of this post mistakenly said Salama was partnering with Credit Suisse. I regret the error.
Salama and Credit Agricole Asset Management offering Islamic funds
Most popular today
