Ambank launches new ‘recovery’ themed plan

The sharia compliant AmMomentum Select Islamic Negotiable Instrument of Deposit (NID-i), will give exposure to equities - 100 global sharia compliant stocks - and commodities markets - including agriculture, energy and metal.

The four-year plan has a dynamic strategy, based around three-month moving averages, which ranks how much to allocate to different asset classes depending on the previous month's performance. If the performance is above the three-month average for that asset class, then the

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: