New UK agriculture, renewable infrastructure Islamic impact fund set for August roll-out
LONDON - The United Kingdom is set to get its first-ever Shariah-compliant impact fund that will finance projects in the agriculture and renewable infrastructure sectors.
Prestige Funds, a UK-based specialist private debt and alternative investment manager, will launch the Premium Alziraea Fund in August.
The new fund is aimed at Islamic institutional investors looking to diversify their investment portfolios and will be available in accumulation and distribution share classes in GBP / USD / EUR currencies, according to the company’s founder Craig Reeves.
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