Tagged: luxembourg

Aides d’État: La Commission autorise des régimes d’aides au Luxembourg pour un montant de 260 millions d’euros en faveur de certaines entreprises touchées par la pandémie de coronavirus

La Commission européenne a approuvé deux régimes d’aides luxembourgeois pour un montant total estimé à 260 millions d’euros, afin de soutenir certaines entreprises durement touchées par la pandémie de COVID-19. Ces régimes ont été autorisés au...

SEDCO Capital Global Funds (SCGF) offers the latest innovations by applying, for the first time, an ESG filter on its Shariah-compliant investment funds

SEDCO Capital Global Funds (SCGF) offers the latest innovations by applying, for the first time, an ESG filter on its Shariah-compliant investment funds

Luxembourg-based SEDCO Capital Global Funds (SCGF) has announced the first ever Shariah-compliant funds managed according to environmental, social and governance (ESG) principles. The SEDCO Capital US Equities Fundamental Indexing® Fund and SEDCO Capital Global Higher Dividend Yield Fund are screened for compliance with international conventions and guidelines on environment, human rights and business ethics such as UN Global Compact and OECD Guidelines. Non-compliance is dealt with through a process of engagement and exclusion. The funds are targeted at institutions, high net worth individuals, family offices, and qualified distributors wishing to invest in a socially responsible manner, while complying with Shariah principles. The funds can also be distributed by banks who wish to offer this investment opportunity to customers.

SCGF announces first ever Shariah-compliant funds

SCGF announces first ever Shariah-compliant funds

Luxembourg-based SEDCO Capital Global Funds (SCGF) has announced the first ever Shariah-compliant funds managed according to environmental, social and governance (ESG) principles. The SEDCO Capital US Equities Fundamental Indexing Fund and SEDCO Capita…

PwC Luxembourg and the Luxembourg Stock publish wew brochure about Sukuk listing in Luxembourg

PwC Luxembourg and the Luxembourg Stock publish wew brochure about Sukuk listing in Luxembourg

PwC Luxembourg in association with the Luxembourg Stock exchange publishes a new brochure about Sukuk listing in the Grand Duchy. This document distributed on 6 May 2013 during the “Journée boursière” provides an overview of the Islamic Finance Market in Luxembourg and highlights the benefits of Sukuk Listing and Trading in Luxembourg. 16 Sukuk have been listed on the Luxembourg Stock exchange. With more than 3,127 listed issuers coming from 103 countries, the Luxembourg Stock Exchange meets capital market players’ needs. Luxembourg remains one of the most competitive, stable and secure environments in Europe to locate securitisation transactions. The development of Islamic Finance in Luxembourg has been set as priority by the Grand Duchy.