HSBC launching Shariah investment note

United Arab Emirates: 56 minutes ago
http://www.ameinfo.com/151563.html

HSBC is launching a Shariah compliant capital guaranteed note, denominated in dirhams in May which investors can use as security for 5% home loans. The Amanah Premium Deposit Plus is a three-year, capital guaranteed term deposit with a payout will be equal to 100% of capital invested, plus the performance of the basket of stocks which has a maximum profit capped of 27%. Read more in our Dubai Property section.

 

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