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DIB launches three-year Islamic Certificate with 90pct capital return after five days

Posted on 01 June 2011

Dubai Islamic Bank (DIB) announced the launch of a three-year Islamic Certificate linked to the Deutsche Bank Liquid Commodities (DBLCI) Apex Index. The Sharia compliant Certificate offers investors an opportunity to invest in commodity markets while benefiting from diversification across investment strategies.
The DBLCI Apex Index aims to generate superior results in all economic cycles by investing in a risk-weighted basket of three underlying commodities indices (DBLCI Mean Reversion Enhanced Index, the DB Commodity Harvest Index and the DBLCI Momentum Index.) (Press Release)

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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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