UTI to launch Islamic fund

India's UTI International intends to launch an offshore Islamic fund for retail and institutional investors based in the UAE and the Gulf, a top company official said. "We'll be launching another Shariah fund within the next three months, as we are getting tremendous response," said Tarun Ghulati, CEO, UTI International.

 

Keep up with the latest business news from the region with the Emirates Business 24|7 daily newsletter. To subscribe to the newsletter, please click here.