Ambank launches new ‘recovery’ themed plan

AmIslamic Bank has launched a new themed structured deposit, which aims to make money as the global economy recovers.

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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net 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 individual account here