First Ever Sharia Compliant Fund Set Up In Brazilian Agribusiness Sector

Brazil is likely to attract the interest of an increasing number of Middle Eastern and North African investors, among others, as the World Islamic Banking conference (WIBC) held in Bahrain unveiled the launch of a US$100mn investment fund, which is the first ever Sharia-compliant fund focused on Agriculture in Latin America. FS International Partners, an investment and advisory firm based in Geneva, in conjunction with Brazilian firm Global Hedging Investment and Agribusiness aims to position investments in the direct production of Brazilian commodities destined primarily for Arab and North African markets. In an age of oil-rich nations looking to secure

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