November 27, 2019
Press Release Rasmala Trade Finance Fund (“the Fund’) was launched in September 2014 in response to increasing demand from investors for a diverse suite of Shari’a compliant investment products. The Fund which is active in private financing within the trade finance sector has recently crossed its three-year track record. Since its inception, the Fund has generated a
November 27, 2019
Monday 16 October 2017 Rasmala plc has posted a circular to its shareholders on 16 October 2017 (the “Circular”) explaining the terms of the tender offer for approximately £35 million at the tender price of 150 pence per share. To download the Circular, please click here.
November 27, 2019
Press Release Rasmala also recognized by BMI Research for equity fund performance in Egypt achieving returns of 74.7% Cairo, Egypt, 14 November 2017: Rasmala Egypt Asset Management (‘REAM’), the Egyptian asset management subsidiary of Rasmala plc, has announced that its ABC Bank Fund (the ‘Fund’), has been recognised by Thomson Reuters Lipper as the top performing fund
November 27, 2019
Rasmala plc (“Rasmala” or the “Company”) Result of Tender Offer Further to the announcement made by Rasmala on 16 October 2017 in relation to the tender offer for approximately £35 million (the “Tender Offer”), the Company today announces the result of the Tender Offer. Result of the Tender Offer The Company was authorised to purchase up to 23,334,000 Shares. A
November 27, 2019
Press Release Dubai, UAE,18 December 2017: Rasmala Investment Bank Limited (RIBL), the asset management subsidiary of Rasmala Group, organised an art workshop for 25 minors in partnership with Awqaf and Minors Affairs (AMAF), the Dubai Government entity responsible for minors affairs. The workshop that heralded the UAE’s upcoming ‘Year of Zayed’, was held on Saturday (16 December)
November 27, 2019
Congratulations to Rasmala team who took on and completed Bloomberg Square Mile Relay. Outrunning more than 88 other teams, Rasmala took the 42nd place!
November 27, 2019
11 March 2018 The Dubai Financial Services Authority (DFSA) warns the financial services community and the public of a scam in which the scammers falsely claim to be an Authorised Firm, based in the Dubai International Financial Centre (DIFC) and regulated by the DFSA. The scammers approach investors for funds for investment purposes, and promise a “welcome
November 27, 2019
Zak Hydari discusses the markets and his investment thoughts. He speaks on “Bloomberg Daybreak: Middle East.” (Source: Bloomberg).
November 27, 2019
EuroProperty has recently published an article on Rasmala Real Estate business and its growing track record. Naseer Aka, Head of Real Estate at Rasmala was quoted in the article. Rasmala’s head of real estate Naseer Aka (pictured right) is keen to tell more European principals, brokers and lenders about the Dubai based bank’s real estate business