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Algebra Capital and Elaf Bank announce the launch of The Sukuk Fund

Targeting an initial size of $100M and returns above 8%, the open ended fund seeded by Elaf Bank and managed by Algebra Capital will give exposure to Shari'a compliant securities issued in the MENASIA region. Elaf Bank will also serve in an advisory capacity on the Fund's Investment Committee.
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Algebra Capital will manage assets in private and public markets across all asset classes. Our services will be packaged as fund solutions, discretionary mandates or structured products