ADIB offers investors global Sharia-compliant stocks

Move to help investors diversify their portfolios

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Abu Dhabi: Abu Dhabi Islamic Bank (ADIB) said on Sunday it is offering investors low-risk exposure to global Sharia-compliant stocks, to help investors diversify their portfolios. The 100 per cent capital-protected note will track the Dow Jones Islamic Market Titans 100 index, which has given 6.01 per cent annualiased return over the past 10 years and just over 21 per cent in 2013. The notes, which provide 100 per cent capital protection at maturity for a minimum investment of $30,000 (Dh110,190), are open for subscription until September 24.

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