IPO research, news headlines, and share prices for The Family Shari'ah Fund Limited

Company Research: The Family Shari'ah Fund Limited

A Shari'ah Compliant multi asset-class investment company. The Company's investment objective is to achieve long-term capital appreciation from a Shari'ah Compliant, diversified, investment portfolio characterised by a moderate level of risk.

For the purpose of Schedule 2 (j) of the AIM Rules, the Company can exist for a period of at least 18 months before making an investment or having to return funds to Shareholders; however, the Company intends to invest in assets under a Murabaha as soon as practical after Admission.

The Investment Manager will use its best efforts to diversify holdings within each selected asset class without limitation and to avoid concentrating the Company's assets with a single manager, in a single investment or in a specific geographical area because it believes that this strategy will decrease the risks on the portfolio. The Company's investments will be Passive Investments under the definition in the AIM Rules in that they will not take an active role in the management or the board of directors of any such investment.

Collectively, the Directors have a broad range of experience in various investment banks and in evaluating investment decisions. In particular Abdulmohsin Al-Omran is a member of the investment committee of the Investment Manager and has been responsible for regularly evaluating investment decisions since its incorporation in 2004. William Morrison is also chairman of the Investment Manager and has overseen its investment decisions from a Board perspective. William Morrison and Peter Robinson were also senior employees at Gulf International Bank (UK) Limited where their responsibilities included evaluating investment decisions. Christopher Dixon has held various senior roles including, most recently, Managing Partner of Taylor Wessing (Middle East) LLP where amongst other roles he has been involved in advising clients on restructuring their affairs from a legal perspective. Dr. Reinhard Klarmann has advised banks and corporations on the structuring of Islamic finance transactions as well as on regulatory aspects of Islamic finance. In addition, all of the Directors have a wide range of experience within various large financial institutions such that they have developed a wide range of skills and expertise which they believe will allow them to evaluate investment decisions in addition to the skill base within the Investment Manager. The Investment Manager will be responsible for effecting all necessary due diligence where it deems it is necessary (at its Limited Discretion) to make an investment decision.

Technical Information

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Ticker Symbol	LSE.FSF
ISIN Code	KYG7768P1046
Industry Sector	Investment Companies
Listing Exchange	AIM
Trading Status	Trading
Amount raised	USD: 31,550,000
Raising method	Placing
Float Price	USD: 1
First Trading Day	25th July 2008

The Family Shari'ah Fund Limited

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