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QIB Hemaya structured note return at 10.09pct

Posted on 20 June 2012

The first tranche of QIB (UK)’s Shariah-compliant structured note programme- Hemaya, has matured, giving a “positive” return of 10.09% on investors’ invested capital. Hemaya invests in the Qatari stock market, QIB said.
QIB (UK) was the first institution to launch a Shariah-compliant capital protected structured note in May 2010. Since the first issuance, QIB (UK) has launched six Hemaya structured note tranches raising more than $150mn………………………………………..Full Article: Source

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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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