First Shariah-compliant hedge fund launched for retail investors

Dubai Shariah Asset Management’s flagship Kauthar Gold Fund, thought to be the world’s only Shariah-compliant equity gold hedge fund, has opened to retail investors. The move, revealed by Mena FM, an HFMWeek sister publication, follows completion of the $40m fund’s three-year track record. It is the region’s only Shariah-compliant hedge fund to offer weekly…