ABN Amro launches new Islamic Note in the GCC

DUBAI — ABN Amro has announced the launch of its latest Islamic Commodity Basket Capital Protected Note. Investors in the GCC can trade the Islamic Note on a secondary market operated by ABN Amro which provides intra-day liquidity subject to a bid-offer spread.

By A Staff Reporter

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Published: Mon 23 Apr 2007, 8:45 AM

Last updated: Sat 4 Apr 2015, 9:16 PM

The Islamic Note is designed to provide Shariah-compliant exposure to a basket comprising Nickel, Zinc and Oil, whilst benefiting from full capital protection on the maturity date, fixed after 2 years.

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