KENYA: Gulfcap Investment Bank was approved by Kenya’s Capital Markets Authority to register the Ziidi Shariah Money Market Fund – which will target the M-PESA money market platform operated by telco Safaricom. This Shariah fund comes after CMA’s approval in November 2024 for Safaricom to establish the Ziidi Money Market Fund, as a conventional collective investment scheme.
Restricted Access
Login to continue reading (existing subscriber)
Subscribe NOW and get:
- Gain unlimited access through all key operating platforms
- Full access to all listed Islamic funds & fund profiles
- Unlimited access to all Islamic fund managers
- Access to all exclusive articles, reports, podcasts & videos
- Complimentary access to all IFN Investor Forums
