MEACP plans clean shariah fund tranche
Singapore- and Indonesia-based investment firm Middle East & Asia Capital Partners Pte. Ltd. (MEACP), founded by former EMP Bahrain head Mumtaz Khan, is reportedly aiming to add a shariah-compliant component to its Middle East & Asia Capital Partners Clean Energy Fund II.
With an initial target given as $150 million, the fund may now reportedly target up to $500 million with the shariah-compliant tranche. The fund has already received $20 million from the Asian Development...
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