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Islamic Finance Briefing - Categorized | Banking, Funds, New Launches more

Bank Islam targets RM100mil from new fund

Posted on 17 November 2009

From Thestar.com.my: Bank Islam Malaysia Bhd has target an initial fund size of RM100 million from its newly launched Ziyad NID-i, an investment product, structured on the recovery of Asia’s equity market.

Bank Islam general manager for its consumer banking division, Khairul Kamarudin said, the Ziyad NID-i is a five-year investment product in the form of Islamic negotiable instruments with a 100 percent capital protection upon maturity………………..Full Article: Source

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