Entrepreneur ME: KBW launches Sharia-compliant Crestmount Capital with AED267 million fund

HRH Prince Khaled bin Alwaleed bin Talal at February edition of Entrepreneur ME

KBW Investments (KBW) has launched Crestmount Capital, an Islamic finance-focused investment firm that will deploy its funds exclusively in Sharia-compliant investments. In addition to the launch of the enterprise, KBW also announced that Crestmount Capital’s maiden Crestmount Fund I, a Sharia-compliant real estate investment fund, has managed to close subscription of its entire commitment worth AED267 million. The Fund, with the guidance of Amanie Advisors, plans to deploy the said amount into five separate Australian Sharia-compliant projects at a local market value of AUD100 million.

Read the full article in Entrepreneur Middle East