Singapore's first Islamic liquidity fund launched
Singapore’s first Islamic liquidity fund has been launched this month.
Lion Global Investors, a Singapore-based asset management company and Brunei’s Shariah-compliant securities company BIBD Securities Sdn Bhd have announced the launch of the fund.
The Lion-BIBDS Islamic Enhanced Liquidity Fund will be the first mutual fund managed within Brunei Darussalam as well as the first Shariah-compliant enhanced liquidity fund domiciled in Singapore.
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