First internationally-recognised index comprised exclusively of Shariah compliant hedge funds

Calculated and reported by Thomson Reuters

Disseminated to over 300,000 traders and investors

Dubai, January 07, 2009: The Dubai Multi Commodities Centre Authority (DMCCA) and Shariah Capital, Inc. (SCAP.L) today announced the Dubai Shariah Hedge Fund Index, the first internationally-recognised index comprised exclusively of Shariah compliant hedge funds.& The Dubai Shariah Hedge Fund Index will be calculated and reported by Thomson Reuters (NYSE:TRI), the global news and financial information organisation.&

The Index reflects the performance of the DSAM Kauthar Commodity Fund, Ltd. ("DKCF").& DKCF is an equally-weighted fund-of-funds comprised initially of four single- strategy, commodity-focused funds that invest exclusively in Shariah compliant long/short equity hedge funds on the Al Safi Trust platform.& The Al Safi Trust is a comprehensive Shariah compliant platform designed specifically for hedge funds and launched recently by Barclays Capital and Shariah Capital.& Distributed under the DSAM Kauthar label, the four funds underlying the index have been seeded with US$50 million each by DMCCA.& They are:

25%& DSAM Kauthar Gold Fund, Ltd

25%& DSAM Kauthar Energy Fund, Ltd. &&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& &&&&&&&&&&&

25%& DSAM Kauthar Natural Resources Fund, Ltd&&&&&&&&&&&&&&&&&&

25%& DSAM Kauthar Global Resources & Mining Fund, Ltd.

100% Dubai Shariah Hedge Fund Index = DSAM Kauthar Commodity Fund, Ltd., (DKCF)&&&&

The Dubai Shariah Hedge Fund Index itself is not an investable vehicle.& However, it mirrors the returns of the DSAM Kauthar Commodity Fund (DKCF) which is open to institutional and individual investors on a monthly basis.

The Dubai Shariah Hedge Fund Index is accessible on Thomson Reuters under the RIC code .DUBSHF for those subscribers using the 3000 Xtra system, including a description page on DUBSHF1.& For those using the Bridge system, the RIC code is us&DUSHF.& The index will be disseminated to over 300,000 traders and investors throughout the world who subscribe to news and market information from Thomson Reuters. For the first time, Islamic investors can use the index to compare the performance of their other professionally-managed absolute return investments and to determine strategies that include diversification into commodities such as those covered by the index.

DSAM, or Dubai Shariah Asset Management, is a joint venture between Dubai Commodity Asset Management (DCAM), a wholly-owned subsidiary of DMCCA, and Shariah Capital, a publicly-traded company that creates and customises Shariah compliant products and platforms.& DSAM develops and brands commodity-linked investment products under the DSAM Kauthar name and distributes them in the UAE through DCAM, a UAE-licensed financial investment company.

"The purpose of the Dubai Shariah Hedge Fund index is two-fold," explained Ahmed Bin Sulayem, Executive Chairman of DMCCA. "First, it provides a benchmark for investors in Shariah compliant hedge funds who are looking for absolute investment returns, particularly in commodities, during periods of market volatility. Secondly, it reconfirms Dubai's leadership role in Islamic Finance by its support of innovative solutions for those interested in Shariah compliant investment products, like the DSAM Kauthar funds. The Dubai Shariah Hedge Fund Index represents another significant step for Islamic finance into the mainstream of global investing."

Basil Moftah, senior company officer for Middle East and Africa, Thomson Reuters, ed: "Thomson Reuters is proud to be first in providing access to the Dubai Shariah Hedge Fund Index to hundreds of thousands of traders and investors around the globe.& The launch of this unique index to our clients in one more example of the importance Thomson Reuters is placing on accommodating those who wish to invest within the parameters of Shariah compliance."

Eric Meyer, Chairman and CEO of Shariah Capital, expressed his enthusiasm for DMCCA's initiative and highlighted the opportunity for investment managers within Shariah:& "The Dubai Multi Commodities Centre Authority and DSAM have established the gold standard for Islamic hedge funds with this index.& Under Ahmed Bin Sulayem's leadership, DMCCA has selected and seeded prominent hedge fund managers with established track records who have accepted our Shariah guidelines and who are committed to superior absolute returns.& We expect that more conventional hedge fund managers will now explore the opportunity of managing within Shariah and make their skills available to the growing number of Islamic investors."

Shaykh Yusuf Talal Delorenzo, Chief Shariah Officer and Board Member of Shariah Capital, reiterated the discipline of the index's underlying funds within Shariah:& "We h omar 1.1:zy