KUWAIT: Gulf Capital Investment Company (InvestGB), the investment arm of Gulf Bank, has launched the Lulwa USD Money Market Fund, its second Shariah compliant money market offering. With a capital range of US$7 million to US$1 billion, the fund provides weekly liquidity and targets short-term, low-risk Islamic investments including deposits and investment-grade Sukuk. Gulf Bank has been appointed as the selling agent, following the strong performance of the earlier Lulwa KD Money Market Fund.
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