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Islamic finance

Ogier advises IDB on $1.5 billion sukuk programme update

Ogier has advised the Islamic Development Bank in its recently completed update to a $1.5 billion sukuk trust certificate programme. The programme was established in 2005 and has been updated to reflect......

Hedge Funds Review | 28 Sep 2009

People moves

International law firm Harney Westwood & Riegels has appointed Sarah Dobbyn as head of the Cayman Islands litigation and insolvency practice. Dobbyn has over 20 years of experience in cross-border insolvencies,......

Hedge Funds Review | 09 Mar 2009secure

Middle East investors less keen on hedge funds for 2009

A majority of Middle East investors (55%) expect to decrease their allocation to hedge funds in 2009 while 14% expect to increase allocations and 31% plan no change in their allocation. The results are......

Hedge Funds Review | 22 Feb 2009secure

BVI changes AML and terrorist financing code

The British Virgin Islands Financial Services Commission has made significant changes to the territory's Anti Money Laundering and Terrorist Financing Code of Practice, effective February 5.

Hedge Funds Review | 14 Feb 2009secure

Changes announced for MSCI Barra indices

MSCI Barra has announced changes to the MSCI Equity Indices. This includes the MSCI Global Standard, MSCI Global Small Cap Indices, MSCI Global Value and Growth Indices, MSCI Frontier Markets Indices,......

Hedge Funds Review | 12 Feb 2009secure

DSHF Index performs well in first month

The Dubai Shariah Hedge Fund Index, which shows the performance of the DSAM Kauthar commodity funds, was up 1.53% in January 2009, its first month of operation.

Hedge Funds Review | 10 Feb 2009secure

Index for Shariah hedge funds launched

The Dubai Shariah Hedge Fund Index, the first internationally-recognised index comprised exclusively of Shariah compliant hedge funds, has been launched by the Dubai Multi Commodities Centre Authority......

Hedge Funds Review | 07 Jan 2009secure

Office moves and openings

Appleby has opened its Zurich office, led by Jonathan Vanderkar, a partner in the firm, who has been a member of the banking and asset finance team in the corporate commercial practice group. Vanderkar......

Hedge Funds Review | 23 Dec 2008secure

UK takes first steps towards Islamic finance rules

The UK government has launched a consultation on Islamic finance. The government hopes the joint Treasury-Financial Services Authority consultation on proposals for a legal framework for the regulation......

Hedge Funds Review | 11 Dec 2008secure

MENA fund prospects positive

The outlook for hedge fund industry growth in the Middle East/North Africa (MENA) region is good, according to Abdul Rahman Al Baker (pictured), executive director, financial institutions supervision,......

Hedge Funds Review | 01 Dec 2008secure

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