ABN AMRO launches Islamic investment product in the Middle East
ABN AMRO has taken a lead in bringing Islamic investment products to high-net-worth individual investors in the Middle East by launching the Al Mumtaz Certificate this month.
The Certificate brings to the market a specialised option for investors who are looking to add sharia-compliant products to build their investment portfolio.
The Al Mumtaz Certificate provides exposure to three sector indices; the ABN AMRO Shipping Index, the ABN AMRO BRIC Infrastructure Index and the ABN AMRO Climate Change & Environment Index.
The Certificate benefits from capital protection at maturity via a Shariah compliant methodology approved by the ABN AMRO Shariah Board.
Islamic Finance Resource 