Dubai: Daman Investments setting new performance benchmarks with the first Islamic Fixed Maturity Fund

Dubai: Daman Investments setting new performance benchmarks with the first Islamic Fixed Maturity Fund

Dubai, United Arab Emirates, (AETOSWire): Daman Investments PSC, one of the leading non-banking financial services institutions in the UAE, launched its first Islamic Fixed Maturity Fund in November 2020 which has set new performance benchmarks in the region. In less than a year, the fund has Grossed _77.59__ Million USD in Assets under Management making it one of the largest Islamic Fixed Maturity Funds not just in UAE but in the entire MENA region. The Shari’a Compliant Fund has a final maturity in December 2024 and aims to provide income…