IslamicFinance.de

Shariah-compliant firm Mawarid Finance and Fullgoal Asset Management from Hong Kong will launch an Islamic fund later this year in order to tap opportunities in China. Michael Chow, Managing Director and Head of International Business at Fullgoal Asset Management (Hong Kong) Limited, said his company tied up with the Dubai-based firm, hence opening door for the investors here to capitalise on the business opportunities offered by the world’s second largest economy. Chow expects Mawarid to design Shariah-compliant products for the investors over the next couple of months and the two entities will launch an Islamic fund later this year.