SICO Partners with Wafra International Investment Company to launch Elzaad Sukuk Fund zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
SICO Partners with Wafra International Investment Company to Launch Elzaad Sukuk Fund 22/10/2023 SICO BSC , a leading regional asset manager, broker, market.
SICO, a leading regional asset manager, broker and investment bank headquartered in Bahrain, has joined hands with Wafra International Investment Company, the wealth management provider, for the launch of a key sukuk fund Elzaad.
RIYADH: An important financial instrument in Islamic and non-Islamic countries alike, the sukuk market has been marginally affected by global uncertainty so far. Global challenges, triggered by rapid inflation and expected Federal Reserve rate hikes this month, topped by war in Ukraine with Russia, have thrown global markets into a selling frenzy. To understand the impact of