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14.10.2008
Tabarak, sponsoring the Middle East Investors Summit 2008.. |
2.11.2008
Tabarak, Gold Sponsor for Islamic Funds World 2008.. |
17.11.2008
Tabarak, Premiere Sponsor of Middle East Gulf Forum.. |
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| Name of Transaction |
Standard Bank-Tricon Class C & D Shares for Islamic Trade & Commodity Finance |
| Nature of Transaction |
Enhanced Murabaha Trade Finance Fund |
| Size of Transaction |
$ 229 million |
| Type |
Open End Fund |
| Expected Return/Return since inception |
LIBOR+200 bps |
| Description |
The investment objective of the Fund is to maximize risk-adjusted investment returns through investing in Metals Certificates purchased from a Qualified Metals Trader and subsequently selling such Metals Certificates at a profit in exchange for one or more Payment Certificates collateralised from an Approved Counterparty whose recourse is guaranteed by a sovereign government, bank, senior tier multinational and/or state owned entity. |
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