Abu Dhabi, October 08, 2016: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has launched a second Shariah compliant investment structured note for the year, which is linked to a basket of blue chip companies from diversified sectors and with overweight focus on the healthcare industry.

The investment note matures in 12 months and provides 100% protection at maturity to minimize investment risk. The note is currently open for subscription until October 22, 2016 with a minimum investment requirement of USD $30,000. Customers will have the option to redeem the investment after a three-month lock-in period.

Daffer Luqman, Global Head of Liabilities and Wealth Management at ADIB, said: 'ADIB offers a wide variety of wealth management products and solutions to suit their specific investment strategy. This investment note offers the peace-of-mind of capital protection, while looking to take advantage of the positive growth outlook for blue chip companies with a positive business outlook .

The note offers investors the opportunity to invest in an equity basket of international brands including Allergan, Cerner, Merck & Co., KDDI, and Philips.

Last month, ADIB launched an investment note linked to a basket of blue chip companies from diversified sectors with a special focus on retail.

As one of the UAE's leading banks, ADIB has been developing and delivering best-in-class solutions tailored to meet the financial needs of customers through effective financial planning and asset allocation.

Abu Dhabi Islamic Bank PJSC published this content on 08 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 October 2016 20:32:06 UTC.

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