RichWeb launches IslamicFundsFinder.com

First website specialised in Shari'ah-compliant investment funds provides fund managers with the ability to list their funds with three confidentiality levels or viewing options (public, registered investors and selected investors), and at the same time, allows investors to search for investment or placement opportunities based on search criteria such as fund type, asset class, industry and country.

UAE-based RichWeb - a member of Tharaa Holding said it has launched IslamicFundsFinder.com, which it claims is the first specialised website in the world that highlights the Shari'ah-compliant investment funds sector and lists fund management companies and consultants.

“The website aims to actively contribute to the development of the Islamic investment funds  sector through providing information and updating investors on new investment opportunities, and forming a database for Islamic fund management companies and related companies  thus to become one of the best references in the field,” the company said in a statement.

Shabeer Mohammed the Managing Director of RichWeb said, "Fund Managers worldwide have been affected by the global financial crisis, and the market dynamics have created new challenges for them.  One of the key new challenges is the ability to attract investors and conduct placement activities targeting existing and new investors. IslamicFundsFinder.com comes as one of the solutions for this new challenge by allowing Islamic fund managers worldwide to list their funds and reach investors from around the world. The portal provides fund managers with the ability to list their funds with three confidentiality levels or viewing options (public, registered investors and selected investors), and at the same time, allows investors to search for investment or placement opportunities based on search criteria such as fund type, asset class, industry and country.  The portal also allows for listing funds that are launching soon, which allows registered investors to receive notices on relevant opportunities once they are listed"

The launch of IslamicFundsFinder.com comes after the launch of two other portals by RichWeb BusinessBuyAndSell.me and PrivateEquities.me over the past five months.  All portals have been launched in BETA (trial) status and will be officially launched in September this year.

Link: http://www.cpifinancial.net/v2/News.aspx?v=1&aid=2400&sec=Islamic%20Finance