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- Al Islami Muthmir
Islamic Certificate linked to RBS Crescent Dynamic Middle East 2 Strategy
"INVEST IN THE REGION’S GROWTH WITHOUT LOCKING AWAY YOUR CAPITAL"
Offering Terms Summary
Certificate Form
Islamic Certificate backed by tradable Sharia-compliant assets
Issuer of the Certificate
The Royal Bank of Scotland N.V.
Sole Distributor
Dubai Islamic Bank
Issue price
USD 100
Minimum Investment Amount
USD 25,000
Certificate Underlying
RBS Crescent Dynamic Middle East 2 Strategy (Bloomberg: RBDCMEU3 Index)
Profit Distributions
After 2 months USD 87.98
After 1 Year USD 0.01 + (USD 100 x Performance)
After 2 Years USD 0.01 + (USD 100 x Performance)/2
Where the Performance is calculated based on the quarterly average performance of the Portfolio since inception, but cannot be a negative number (i.e. performance is assumed to 0% if the average performance of basket is negative).
Investment Period
2 years
Valuation
Weekly (indicative only and are not applicable as early redemption prices)
Early redemption
Bi-monthly,
Cut-off dates to receive redemption applications are the 10th and 25th (of the same month).
If the Cut-off date falls on a holiday, the business day immediately following that will apply.
The relevant respective pricing dates (in the same month) if the Cut-off dates are met will be the15th and the last business day of the month.
If the 15th falls on a holiday, the business day immediately following that will apply.
Early redemption fee
1% of the redemption amount
Business day
Working day in Dubai, UAE and London, UK
Up-front fee
1% of the subscription amount
Secondary Market
The Royal Bank of Scotland N.V. will endeavour to maintain a secondary market with an indicative
spread of 1.00% (subject to normal market conditions)
Sharia Advisor
Fatwa and Sharia Supervisory Board of Dubai Islamic Bank
Publication of prices
www.rbs.com/aemarkets
Indicative NAV: