HSBC Amanah launch sharia-compliant deposit

The three-year 100% principal protected deposit provides a return equal to an indicative participation rate of 60%-80% of the increased performance of basket of stocks with a maximum end of term profit capped at 39%. The basket comprises Alstom, Veolia Environment, Gripo Ferrovial, Vinci, Lafrage, Campagnie de Saint-Gobain, Caterpillar, Ericsson, and Albertis Infraestructuras.

A minimum deposit of AED37,000 or US$10,000 is required.

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