's [Board] of Directors has discussed the draft consultation and agree that circumcision may only be performed when there is a medical indication for it.
In 2008, DMCC seeded four Shari'ah-compliant, commodity-linked alternative investment funds now distributed by DSAM
under the DSAM
Kauthar brand name.
Kauthar Commodity Fund, the first Shariah compliant fund-of-funds of its kind, generated a net return of 41.19 per cent in 2009, leading both the conventional and Islamic fund industries.
Kauthar Commodity Fund (DKCF), an equally-weighted fund-of-funds comprising four single-strategy, commodity-focused funds that invest exclusively in Shariah-compliant long/short equity hedge funds on the Al Safi Trust platform, was up 41 per cent at the end of last year, the DMCCA said in a statement.
and RSAM are part of Acterna's Application-Aware(tm) suite of products that provide cable operators with tools that test complete digital and IP services with simplicity, flexibility and ease.
enables cable installers, regardless of skill and experience levels, to increase the speed and efficiency at which they deploy high-speed data services.
The fund will be available to investors through Dubai Shariah Asset Management (DSAM
) Kauthar Global Resources and Mining Fund, an exclusive feeder fund established by DMCC's joint venture with Shariah Capital.
According to the company, the RSAM-5600 allows a user to quickly isolate problems, compare field and headend results and monitor service deployment in multiple remote sites by using a standard Internet browser or Acterna's own DSAM
In the first nine months of this year, the Shariah-compliant Dubai Shariah Asset Management (DSAM
) Kauthar Commodity Funds have recorded extremely strong gains, led by the DSAM
Kauthar Gold Fund, which was up 51.48 per cent as of September 30, 2009, the Dubai Multi Commodities Authority (DMCCA) announced today.
The index is based on four hedge funds, part of the DSAM
Kauthar Commodity Fund and investing in gold, energy, natural resources and mining.