ABN Amro rolls out sharia products in Middle East

News

ABN Amro has launched the Islamic Basic Resources and Energy Basket Yield Discovery Certificate for investors in the Middle East, a sharia-compliant product, which is designed to provide exposure to the energy and basic resources sectors.

The four-year 100% capital-protected note pays an annual profit rate based on the performance of a basket of equities comprising companies in the oil, gas and consumable fuels; energy equipment and services; chemicals; industrial conglomerates; and metals and mi