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BNP Joins Schroder Taking Indonesia's Islamic Stock Funds Global
BNP Paribas SA, Manulife Asset Management and Schroder Investment Management Ltd. have set up global Islamic stock funds in Indonesia, a much-needed boost for the nation’s Shariah finance industry. The money managers all started Jakarta-based plans last week targeting Islamic stocks worldwide, following a November ruling allowing local investment managers…
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Click here to read the full story: Bloomberg