INTERVIEW - Mideast/Asia fund eyes sharia feature to cleantech

HONG KONG (Reuters) - Private equity firm Middle East & Asia Capital Partners Pte (MEACP) plans to introduce a sharia-compliant investment vehicle to its clean energy fund to attract Islamic capital, a company executive said.

"We plan to create a special vehicle that will attract Islamic finance by adding a Sharia component," said company director Vince Choi.

MEACP, which set up a clean energy fund in 2008, would expand the size of the fund to $500 million from $400 million upon the launch of the fund's sharia-compliant special vehicle sometime next year, he said.

(Reporting by Leonora Walet; Editing by Chris Lewis)

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