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Islamic hedge fund on the way

Shariah Funds Inc is planning the formal launch of its first Shariah compliant hedge fund in the first quarter of 2003.

Shariah Funds Inc., a division of Meyer Capital Partners, has launched its new web site and is planning the formal launch of its first Shariah compliant hedge fund in the first quarter of 2003. The website address is: www.shariahfunds.com.

“Our mission is to create sophisticated Islamic financial products for the institutional muslim investor that will be fiercely competitive with similar western financial products,” says Eric Meyer, president and CEO of Shariah Funds Inc.

Shariah Funds Inc. will give presentations on the concept of Islamic hedge funds at the Euromoney Islamic Finance Summit in London and the Dubai International Islamic Finance Forum in February.

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