GLOBAL: The Rasmala Trade Finance Fund entered voluntary liquidation on the 14th May 2025 according to a Cayman Islands court document, as reported by Global Trade Review. Fund manager Rasmala Investment Bank reportedly said the move was backed by its majority shareholder Dubai Islamic Bank, which had petitioned in September 2024 to wind up this fund. The fund launched in 2014 with a focus on trade finance assets in the UAE.
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