Such funds are invested in diversified portfolios of Shariah-compliant fixed-income and
money market investments and is duly supervised by a Shariah Advisor.
The fund would be invested in a diversified portfolios of Shariah Compliant fixed income and
money market Investments, duly supervised by Shariah Advisor.
Despite reduction in rates, banks are not actively advertising their products and still find comfort in risk-free
money market investments yielding a return of 9.
I thought I did not have to because I understand the (income) from the
money market investments was subject to final tax, Tuason replied.
In the current environment, with rates on
money market investments uniformly low, Epstein argued that few companies will abandon prime funds despite the challenge of a floating NAV.
Certain
money market investments and participating interest-earning investment contracts.
Clearstream, the post-trade services provider of Deutsche Borse Group, has announced that it has named Standard Chartered Bank (LSE: STAN) as the clearing and settlement agent for its international clients' equity, bond and
money market investments in South Africa.
He said, This huge rise was due to once-off activities such as computerisation project costs write-off of US$0,759 Million, contractual damages following arbitration award on computerisation project of US$1,285 Million and debtors provision on
money market investments totalling US$16,1 Million .
It is easy to cite the safeguards and enhancements that could make the
money market investments more appealing and more efficient than they are today.
NBAD's Asset Management Group launched this year Sukuk Income Fund, which invests in a range of Islamic Fixed Income instruments (sukuk) and
money market investments in the UAE and wider MENA region.
The fund is designed to capture the best opportunities available to investors by investing in a range of sukuk and
money market investments that are issued by the UAE government, government-related entities, and selected corporates, mainly from the UAE and wider Mena region.
Money market investments also generate only sub-par returns; however, at least here the interest rate risk is very slight, thanks to their short term to maturity.
