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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Performance more

NBAD sukuk income fund delivers1.76pct dividend

Posted on 05 December 2012

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, declares that the NBAD Sukuk Income Fund has returned 4.78% since inception and will distribute 1.76% dividend payment toinvestors.
This is NBAD Sukuk Income Fund’s first payout since it was launched six months ago and all registered holders of the Fund on November 28, 2012 are eligible for the dividend distribution. The distribution will equal 1.76% of the Fund’s net asset value (NAV) as of November 29, 2012 (1.84% based on the initial NAV of US$5) and equals to a total return of 4.78% since its inception……………………………………….Full Article: Source

 
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