{"id":9565,"date":"2009-01-07T00:00:00","date_gmt":"2009-01-07T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"dubai-leads-in-islamic-finance-with-new-shariah-hedge-fund-index","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2009\/dubai-leads-in-islamic-finance-with-new-shariah-hedge-fund-index.html","title":{"rendered":"Dubai leads in Islamic finance with new Shariah hedge fund index"},"content":{"rendered":"<p align=\"justify\">Mena Report &#8211; The Dubai Multi Commodities Centre Authority (DMCCA) and Shariah Capital, Inc. (SCAP.L) today announced the Dubai Shariah Hedge Fund Index, the first internationally-recognised index comprised exclusively of Shariah compliant hedge funds.&nbsp; The Dubai Shariah Hedge Fund Index will be calculated and reported by Thomson Reuters (NYSE:TRI), the global news and financial information organisation.&nbsp; <\/p>\n<p align=\"justify\">The Index reflects the performance of the DSAM Kauthar Commodity Fund, Ltd. (&ldquo;DKCF&rdquo;).&nbsp; DKCF is an equally-weighted fund-of-funds comprised initially of four single- strategy, commodity-focused funds that invest exclusively in Shariah compliant long\/short equity hedge funds on the Al Safi Trust platform.&nbsp; The Al Safi Trust is a comprehensive Shariah compliant platform designed specifically for hedge funds and launched recently by Barclays Capital and Shariah Capital.&nbsp; Distributed under the DSAM Kauthar label, the four funds underlying the index have been seeded with US$50 million each by DMCCA. <\/p>\n<p>  <strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.albawaba.com\/en\/business\/239115\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mena Report &#8211; The Dubai Multi Commodities Centre Authority (DMCCA) and Shariah Capital, Inc. (SCAP.L) today announced the Dubai Shariah Hedge Fund Index, the first internationally-recognised index comprised exclusively of Shariah compliant hedge funds.&nbsp; The Dubai Shariah Hedge Fund Index [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[3910,584,4321,207,3180,5237,5185,5242,1793,5241,5238,4528,636,4326,5239,5240,5236,3597],"class_list":["post-9565","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-50-million","tag-barclays","tag-barclays-capital","tag-commodities","tag-commodity","tag-dsam","tag-equity-hedge","tag-financial-information","tag-fund-index","tag-global-news","tag-information-organisation","tag-long-short-equity","tag-nyse","tag-reuters","tag-safi","tag-scap","tag-shariah-capital","tag-thomson"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9565"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9565\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}