Dubai Islamic Bank launches Al Islami Emerging Cappuccino Certificate

Dubai Islamic Bank launches Al Islami Emerging Cappuccino Certificate

UAE: Dubai Islamic Bank (DIB) announced on Monday the launch of the Al Islami Emerging Cappuccino Certificate, a four-year Islamic certificate backed by Sharia-compliant assets.

Providing exposure to four of the worlds most dynamic emerging markets, this certificate is linked to indices in Brazil, China, Singapore and Taiwan offering medium to long-term investors a unique opportunity to profit from the future growth of these rapidly developing economies.

The Al Islami Emerging Cappuccino Certificate is issued by The Royal Bank of Scotland (RBS) and will be solely distributed by DIB in the UAE. The certificate offers annual profit distribution of up to nine percent, backed by 90 per cent capital protection at maturity. It is denominated in US dollars with a minimum investment of US$25,000.

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