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SEDCO, Lombard Odier launch ESG-focused sharia-compliant fund

DUBAI, Sept 29 (Reuters) – Saudi Arabia’s financial firm SEDCO Capital and Switzerland’s Lombard Odier have launched an ESG-focused sharia-compliant fund to invest in developed market equities, they said on Wednesday. Global investors are increasingly driven by environmental, social and governance-related (ESG) factors, seen by the $2.2 trillion Islamic finance industry as complementary to sharia … Read more