Boubyan Bank launches KWD money market fund

Boubyan Bank is going to initiate an open-ended Kuwaiti dinar money market fund which invests in Shari'ah-compliant short and medium-term instruments available in the financial markets.
The statement of Saleh Ahmed Al-Ateeqi, Acting CEO of Boubyan Capital, reveiles that the purpose is to offer competitive Shari'ah-compliant returns by increasing the value of its assets while offering a high level of liquidity to investors.

You may also like...