NIGERIA: ARM Investment Managers launched a fund that focuses on Shariah compliant fixed income instruments – such as Sukuk, Mudarabah contracts and other non-interest financial products. Minimum entry into the ARM Sharia-Compliant Fixed Income Fund is NGN10,000 (US$5.95) for retail investors, while institutional and high-net-worth clients have tailored options starting at NGN20 million (US$11,903).
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