AIBL 1st Islamic Mutual Fund IPO Application Form & Prospectus
By , 0 viewsAIBL 1st Islamic Mutual Fund IPO Application Form & Prospectus
Nature of the fund: Closed-end Mutual Fund of 10 (Ten) years
tenure
Objective: The objective of the Fund is to provide attractive risk adjusted returns to the unit holders by investing the proceeds in the Capital Market and Money Market that are generally Shariah compliant.
Subscription Open for IPO: November 21, 2010
Subscription Close for IPO: November 25, 2010
For Non Resident Bangladeshi (NRB): November 21, 2010 to December 04, 2010
Offer Price for IPO: Tk. 10.00 per unit
Face Value of IPO: Tk. 10.00 per unit
Market Lot: 500 Units
Sponsor’s Portion: 10,000,000 units
Pre IPO Placement Portion: 40,000,000 units
Public Offer: 50,000,000 units
Size of the Fund: 100,000,000 units
Size of the Fund: Tk. 1,000,000,000.00
IPO Asset Manager: LR Global Bangladesh Asset Management Company Limited
Sponsor: Al-Arafah Islami Bank Limited
Trustee: Bangladesh General Insurance Company Ltd.
Custodian: Standard Chartered Bank
Website: www.lrglobalbd.com
AIBL 1st Islamic Mutual Fund IPO Application Form & Prospectus
