UK’s Ethos Invest targeting 1 billion pound fund for PE investments in Islamic, ethical SMEs
UK-based Ethos Invest is targeting a fund of 1 billion pounds ($1.39 billion) that will make private equity investments in Islamic and ethical small and medium-sized enterprises.
The fund will focus on financial services and technology, Ethos Invest said in a statement on Tuesday (June 29).
“The Fund’s objective is to invest in the wider and burgeoning ESG and ethical market in a Shariah value-based manner that drives financial inclusion and benefits society,” said Ethos.
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