LLB and ABN launch first Islamic exchange-traded trackers

The LLB Mena indexes provide a transparent benchmark for Shariah-compliant investors seeking exposure to the Middle East and North Africa (Mena) region. “Middle Eastern investors are rediscovering the merits of investing in their local markets,” says Nico Tschui, deputy head of Middle East at LLB. “Moreover, we are expecting an inflow of foreign institutional investors to participate in the region which will give a boost in the Mena markets.”

The investors will be buying an index with little

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