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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

NBAD’s sukuk fund offers up to 5pct yield

Posted on 10 May 2012

Abu Dhabi’s biggest lender by assets, National Bank of Abu Dhabi has launched a Sukuk Income Fund, which will invest in Shariah-compliant investment instruments offering investors attractive returns.
The NBAD Sukuk Income Fund is an open-ended and actively managed product targeting a profit rate of five per cent based on current market conditions………………………………………..Full Article: Source

 
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