- Investment Banking
- Structure Trade Finance
- Treasury & Investment
- Asset Management
- Syndication
- Project Financing
- Products & Services
-
- Letter of Credit
- Letter of Guarantee
- Murabaha
- Sukuk
- Funds
- U.S. Commercial
- U.S. Diversified
- Alislami Property
- Al Rayyan Property
- GCC
- Saving Scheme
- Al Islami CROCI
- Shipping Fund
- CLIP Note
- DFM Note
- 3 Year Capital Note
- Global REIT Note
- Water Note
- US Properties III
- DWS Noor Funds
- 3Y protected note
- Hedge Funds
- 5 -Year Capital
- 10 -Year Certificates
- Tunis Bay Fund
- Aircraft Fund
- DB commodity note
- Commodity Twister
- RBS Certificate
- Al Islami Muthmir
3 Year Capital Protected Global Diversified Note
Summary Terms:
- Product: 3 Year USD 100% Capital Protected Global Diversified Note
- Minimum Investment Amount: USD 10,000 minimum with multiples of USD 1,000 thereafter.
- Nominal Amount: USD 1,000 per Note.
- Investment Period: 3 years
- Underlying Basket:
- Equitie: DJ Eurostoxx 50 Index, Nekkei 225 Index
- Commodities: Copper, Zinc and Aluminum
- Real Estate: Tokyo Stock Exchange REIT Index
- Currencies: FX USD JPY and FX USDTWD
- Capital Protection: 100% capital protection from Deutsche Bank AG, London branch if Notes are held until maturity (3 Years), achieved through a Sharia compliant Mechanism
- Valuation: Weekly
- Redemption: On monthly basis
- Redemption fee: AED 250/-
- Redemption on maturity: Full original invested amount
- Business Day: Working day in London, UK, and New York, US and Dubai, U.A.E
- Annual Management Fee: Nil
- Upfront fee: 1% of the subscription amount
- Issuer: Deutsche Bank AG, London branch
- Sole Distributor: Dubai Islamic Bank (DIB)
- Administrator: Ryland Gray
- Sharia Advisor: Fatwa & Sharia supervisory board of Dar Al Istithmar, London
- Key features and objectives:
- 100% capital protection if Notes are held until maturity (3 Years), achieved through a Sharia compliant Mechanism
- Guaranteed Profit of 7% at the first year
- Diversification in 4 asset classes (Equities, Real Estate, Commodities and Currencies)
- No capping of Profit in year 2 and 3
- Profit calculation formula:
- Year 1: Guaranteed Profit Rate of 7%
- Years 2&3: Max (0%, Basket Performance)
- With basket performance:
- Equal to average of Asset returns since inception
- Top 4 Asset returns are placed by 13%
- Example of possible performance in year 2 and 3:
Indicative NAV: