IRAN: Aseman Asset Management launched a Shariah compliant banking sector fund on the 22nd February 2026 with an IRR1 trillion (US$774,000) entry and a maximum IRR10 trillion (US$7.74 million) investment cap. The open-ended Aseman Industry Sector Investment Fund (Banko) will invest at least 70% of total assets in banking and credit institutions listed on the Tehran Stock Exchange and Iran Farabourse, with an active management strategy that includes investing in fixed-income instruments, commodity deposit certificates and bank deposits.
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