-Mark Mortimore assigned as Executive Director to the world’s first GCC-oriented Sukuk fund-The Sanad Sukuk Fund is the Islamic Income Fund for investors seeking stable returns with liquidity-The Sanad Sukuk Fund closes a major gap for all Muslim investors by finally allowing them to own a diversified, managed pool of Sharia-approved sukuk, equivalent to a bond fund in conventional investing- Fund investments are to be undertaken in Sharia compliant Sukuk and Islamic commercial syndications predominantly in the GCC countries -- adding liquidity to the Sukuk sector and promoting economic growth in all Muslim countries, but particularly in the GCC region (PRWeb Oct 18, 2006)
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