Sunday 15, June 2014 by Matthew Amlôt

NBAD Sukuk income fund delivers 5.83 per cent dividend annualised

The National Bank of Abu Dhabi’s NBAD Sukuk Income Fund will pay to its investors a semi-annual distribution equal to 2.87 per cent of the net asset value (NAV) of $5.2532, being the NAV as at May 29, 2014. Accordingly, each unit in the Fund will receive a dividend pay-out of $0.1510.

Features & Analyses

Islamic Finance Ensuring financial inclusion

The Global Islamic Economy Summit, set for the 5-6 October, will heavily stress the importance of financial inclusion to the future… read more