DIB launches sharia notes invested in reits

News

Dubai Islamic Bank has launched the sharia-compliant, four-year Capital Protected Global Real Estate Income Trust (Reit) Notes. The notes, aimed at retail investors, invest in Reits in the US, European and Japanese markets.

The notes have a minimum investment of $10,000, come with no management fee and are supervised by DIB's sharia adviser Dar Al Istithmar.

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