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Abu Dhabi Islamic Bank (ADIB) launches Capital Protected Oil Note III.

Abu Dhabi Islamic Bank is offering a third version of its two-year, 100 per cent Capital Protected Oil Note on the back of the successful placement and excellent return that accrued from its first oil note. The Shari'ah-compliant ADIB Oil Note III is open for subscription until 9 September 2012.

ADIB Oil Note III provides investors with an opportunity to invest in this commodity on a secured basis. As a benchmark, its predecessor, ADIB Oil Note I, earned investors almost 18 per cent over a two year period, which is significantly higher than other `risk free' products currently in the market.

This latest offering is part of ADIB's wealth management approach to provide customers with a diversified suite of investment solutions.

This year alone, ADIB have launched various structured notes, third party mutual funds, private placements, Sukuk and the ADIB Select Savings Investment Plan.

2012 CPI Financial. All rights reserved.

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Publication:CPI Financial
Date:Aug 4, 2012
Words:158
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