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Shariah-compliant fund from Ethos Invest aims to raise $1 38bln 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.
Ethos Invest seeks to raise $1.39b for Sharia fintech PE fund
CREDIT: REUTERS/BENOIT TESSIER
June 30, 2021
Ethos Invest plans to raise 1 billion pounds ($1.39 billion) for what it said would be the world’s biggest Sharia-compliant fintech-focused private equity fund, the British asset manager said on Tuesday.
The Ethos Financial Services & Technologies Fund aims to target small and medium-sized firms, including in the UK, Europe, the Middle East, Asia and North America in the financial services, technology and related sectors.
Seeking companies which align with the principles of Islamic finance, the fund will also tap into the broader and growing market for ethical investments with a particular aim to boost financial inclusion.
Ethos Invest eyes $1 39bln for Sharia fintech private equity 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.
UK s Ethos launches world s largest sharia-compliant fund tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.