HSBC Amanah launched second Shariah compliant real estate investment fund
HSBC Amanah has launched a second Shariah compliant real estate investment opportunity, HSBC Amanah Aqar Income Fund . Approved by the HSBC Amanah Shariah Supervisory Committee, the Fund aims to provide a high return on investment as well as capital preservation.
According to Khaleej Times, HSBC Financial Services (Middle East) Limited is offering investment in the Fund for a minimum amount of $ 50,000. The Fund will issue a $100 million first tranche and a second $100 million tranche when and if the first one is fully subscribed.