SEI has partnered with Allfunds Bank to roll out investment solutions for Shariah investors in the Gulf Cooperation Council, AME reports. The new agreement will allow banks, wealth managers and insurance providers to access Shariah-compliant funds and deliver more efficient and diversified investment choices to their customers. SEI Islamic Investment Funds was launched in 2007 and offers investors a Shariah-compliant program of four equity funds. The SEI Islamic Investment Funds are domiciled in Dublin and offer daily liquidity.
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