DIB certificate

DUBAI — Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, announced the launch of 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 May 22 to June 10, 2010.

  • Follow us on
  • google-news
  • whatsapp
  • telegram

Published: Sun 23 May 2010, 11:02 PM

Last updated: Mon 6 Apr 2015, 5:08 PM

The minimum investment is $25,000.

This certificate offers investors ideal exposure to regional equity markets and is based on a dynamic strategy designed to capture returns in rising markets while limiting losses in periods of falling markets and high volatility. Noor Islamic scheme

dubai — Corporate customers of Noor Islamic Bank can now benefit from a new enhanced card based salary payment scheme, which will help boost security and make payroll delivery more efficient for both employers and employees.

The innovative scheme has been introduced following the signing of an agreement between Noor Islamic Bank and C3 Card to provide payroll services.

The solution is fully compliant with the Wage Protection System (WPS), which was launched in 2009 by the UAE Ministry of Labour and the UAE Central Bank.


More news from