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Dubai Islamic Bank launches two-year Islamic Certificate

Posted on 24 May 2010

From Cpifinancial.net: Dubai Islamic Bank (DIB) has launched a two-year Islamic Certificate linked to the RBS Crescent Dynamic Middle East 2 Strategy. This US dollar-denominated certificate is issued by the Royal Bank of Scotland Group, and is available for subscription from Dubai Islamic Bank between 22 May – 10 June 2010.
Distributed by DIB’s Wealth Management division, the Shari’ah-compliant RBS Crescent Dynamic Middle East 2 Strategy is based on a dynamic strategy designed to capture returns in rising markets while limiting losses in periods of falling markets and high volatility………………………………….Full Article: Source

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


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