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Shariah-compliant fund from Ethos Invest aims to raise $1.38bln

A new ethical, Shariah-compliant fund aims to raise £1 billion ($1.38 billion) and become the world’s largest fund of its kind. The Financial Services & Technologies Fund, launched by UK-based Ethos Invest will make private equity investments in Shariah-compliant and ethical small and medium enterprises (SMEs). It will invest across…

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