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

Lifestyle A new spin on Gulf style

UAE-based fashion designer Ahmed Abdelrahman is realising his vision to make the kandora and other traditional Gulf staples a part… read more