Ethos Invest seeks to raise $1.39b for Sharia fintech PE fund

Ethos Invest seeks to raise $1.39b for Sharia fintech PE fund

CREDIT: REUTERS/BENOIT TESSIER

Ethos Invest plans to raise 1 billion pounds ($1.39 billion) for what it said would be the world’s biggest Sharia-compliant fintech-focused private equity fund, the British asset manager said on Tuesday.

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