Tagged: Hedge Funds

US Islamic assets manager set to delist

US Islamic assets manager set to delist

After a seven-year string of losses, the US-based Shariah Capital will delist from London’s Alternative Investment Market (Aim). According to the hedge fund manager, a cancellation of the shares will be sought. The company expressed its opinion that co…

Ajman Bank finds all good things come to an end

Ajman Bank finds all good things come to an end

Stocks in Ajman Bank fell 1.19 per cent to 83 fils a share. The bank’s stocks have, however, gone up 4.2 per cent since the start of the year.
The bank’s profits are also revealing the first solid growth for some time.
The bank has also showed a desire…