NCB Capital to expand asset management

NCB Capital will continue its plan to expand its asset management and brokerage services throughout 2011 as the largest investment bank in the Kingdom works to increase its market share in the Arab world’s largest economy.
In February, NCB Capital launched the first Shariah-compliant, US dollar-denominated open-ended fund in order "to provide investors an opportunity to participate in a new expanding asset class-sukuk.”

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