Invesco is set to launch Islamic products for the Middle East market, following its application for ...
Invesco is set to launch Islamic products for the Middle East market, following its application for a licence to operate in Dubai. The company has submitted an application to the Dubai Financial Services Authority for a licence to operate from the Dubai International Financial Centre. Cormac Sheedy, associate director of the international development division, said: "The regulatory environment at the DIFC is modelled closely to London and New York, and provides investors with the reassurances they would expect in a credible capital market. We have ambitious growth plans for this venture...
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