Nine funds listed by Arab Bank

Arab Bank Fund Managers (Guernsey) has listed nine funds on the Channel Islands Stock Exchange in Guernsey. Structured as protected-cell companies, the funds aim to appeal to institutional investors in the Arab world who have a requirement for a recognised stock exchange. The IIAB Sukuk and Murabaha Mena fund and the IIAB Mena Feeder fund are Shari'a-compliant funds, and are both part of IIAB PCC Ltd. The investment adviser for these funds is AB Invest in Jordan. Within the AB International Fund PCC Ltd are the AB Defensive fund, AB Conservative fund, AB Balanced fund, AB Growth fund ...