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DIB note linked to DFM
- United Arab Emirates: Saturday, November 04 - 2006 at 11:04
Dubai Islamic Bank has introduced its three-year Capital Protected DFM Note. The sharia-compliant note will invest in a basket of stocks listed on the Dubai Financial Market including Emaar, Amlak, Dubai Investment Company, Tamweel and DIB. It requires a minimum investment of $10,000. The bank is projecting returns of up to 12% for the note.
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James McInerney, News EditorSaturday, November 04 - 2006 at 11:04 UAE local time (GMT+4)
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This article was updated on Wed Mar 28 2007.
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