MANAMA, June 7 (Reuters) - Demand for hedge funds and for Islamic finance is booming, which makes a hedge fund that complies with Islamic law the holy grail for fund managers who want to tap huge ...

DUBAI (Reuters) - Deutsche Bank expects demand for hedge funds that comply with Muslim law to take off in the second half of 2008 as structures become more defined and credible fund managers and ...

Designing long-only investment products that comply with shari’a, or Islamic law, is old hat. According to Kuala Lumpur–based Islamic Finance News, globally some 400 funds cater to Islamic investors ...

Permal, part of French group Worms & Cie, announced last month that it had launched its first Islamic hedge fund. The fund is part of the $528 million Alfanar family of Islamic funds it runs with ...

In a year characterized by innovation in Islamic finance, Deutsche Bank stands out. A new structure based on the wa’s contract has allowed the bank to introduce novel shariah-compliant asset classes ...