UAE: Abu Dhabi Islamic Bank (ADIB) has launched its 100% capital protected ADIB Diversified Basket Note, which is based on the Murabahah principle.
The notes, which offer an investment plan of three years, will enable investors to capitalize on the probable price increase of eight commodities, namely aluminum, corn, cotton, gold, lead, nickel, oil and sugar.
Subscription will be on a first come first served basis and is available from the 10th September until the 13th October, with a minimum subscription of US$30,000.