Loomis opens gold vault to back Shariah holdings

MALAYSIA: Swedish firm Loomis partnered local security firm E2S Group to open a 20-tonne vault in Nilai to tap into the burgeoning Islamic bullion sector. Loomis executives also met with Bursa Malaysia to discuss end-to-end Shariah compliant platform products – ensuring compliance at every stage, including underlying physical gold.

Categories:

Restricted Access

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
Subscribe Now

Suggested for you