HSBC 'sharia-compliant' fund to exclude arms companies after Israeli-linked revenue exposed

Move comes after MEE revealed HSBC’s Islamic Global Equity Index Fund purchased shares in world’s second-largest arms company
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Move comes after MEE revealed HSBC’s Islamic Global Equity Index Fund purchased shares in world’s second-largest arms company
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More than 1.1 billion new shares will be offered at $3.68 each
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Dubai-it Award winners say emirate continues to offer growth opportunities
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Turkey’s government is facing growing criticism over regulators’ failure to prevent a fund scandal involving more than $20 billion.