Islamic Business & Finance: KBW launches Islamic fund

An exclusive interview with HRH Prince Khaled bin Alwaleed bin Talal in IB&F February 2017 edition

HRH Prince Khaled bin Alwaleed bin Talal in the February 2017 edition of Islamic Business & Finance magazine

 

In an exclusive interview in the February 2017 edition of Islamic Business & Finance, HRH Prince Khaled bin Alwaleed bin Talal announces the launch of Crestmount Capital (Crestmount), dedicated exclusively to the Islamic finance sector. In tandem with the founding of Crestmount, he also addresses the details of Crestmount Fund I, the company’s first fully Shari’ah compliant real estate investment fund (REIF).

Ahmed Alkhoshaibi, Group CEO, KBW Investments

 

Crestmount Fund I, with plans to immediately deploy the raised amount into five separate Australian Shari’ah-compliant projects at a local market value of $100 million (AUD), privately circulated the opening investment opportunity under the guidance of Amanie Advisors. The projects targeted for the capital, at varying stages of progress, are residential developments conceptualised and developed by the largest Shari’ah-compliant developer in Australia, PietyTHP Developments.

HRH Prince Khaled bin Alwaleed bin Talal in the February 2017 edition of Islamic Business & Finance magazine

 

 

Read the full article in Islamic Business & Finance | Read the interview online