Home Business Abu Dhabi Islamic Bank raises over 587 million dirhams for the new...

Abu Dhabi Islamic Bank raises over 587 million dirhams for the new Global Sukuk Fund

0

Today, Thursday, Abu Dhabi Islamic Bank announced that it has raised more than 587 dirhams through its new global sukuk fund, launched in October 2021.

The new fund offers investors the opportunity to invest in a diversified portfolio of regional and international sukuk instruments designed to seize the opportunities available in a Sharia compliant world of financial institutions e semi-sovrane, as well as sukuk issued locally, regionally and globally, according to a statement released by the bank.

This successful launch of the Islamic Bank of Abu Dhabi’s new global sukuk fund indicates the huge demand in the market for high quality Shariah compliant investment sukuk products. This is the request that the Abu Dhabi Islamic Bank fulfills through this fund.

The fund meets the requirements of investors seeking regular returns above prevailing liquidity rates in a medium and long-term investment period.

Read More About: Business News

NO COMMENTS

Exit mobile version