Wednesday, October 19, 2011

MALTA - PUBLICATIONS - UCITS and Islamic Funds

The Malta Institute of Management (MIM) shall be shortly launching a publication on UCITS and Islamic Funds. Given the active role that MIM has taken in the Islamic Finance Industry , it felt the need to take matters a step further in order to assist the Islamic Finance sector to grow even further in Europe. In this context, it commissioned this publication that addresses specific instruments that are used in the Fund industry within three main International Funds jurisdictions being Malta, Ireland and Luxembourg amongst others the Professional Investor Funds. The publication delves into the analysis of the UCITS framework and whether this encourages and/or allows various types of Islamic Funds to fall into its investment criteria. 

UCITS are European Investment Funds that have a European passport which allows a fund which is domiciled and authorised in a Member State to be sold to in other European Member States. A number of Directives have been issued in order to address new developments in the markets and to find ways to enhance the single European Market for UCITS funds.

One of the main difficulties of Islamic Funds Distribution may be the lack of passportability that these have from one jurisdiction to the other. Is UCITS the solution to this? This publication addresses also this dilemma.

This pre-publication offer is  open until the 15 November 2011.

Price

Conference Participants and MIM members                     Euro  50

Others                                                                              Euro  60

The above fees DO NOT include postage /courier charges.

For  further information please contact accounts@maltamanagement.com

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