ADIB launches capital-protected silver notes

Abu Dhabi Islamic Bank (ADIB) has launched new capital-protected silver notes to allow customers to invest in a metal that analysts believe may soon see a price rebound. The Shari’a-compliant notes, which mature in two years, provide 100 percent capital protection at maturity to minimize risk. The notes are currently open for subscription with a minimum amount of US$30,000. This latest offering is part of ADIB’s wealth management approach to provide customers a diversified suite of investment solutions. ADIB’s structured notes have been well received by investors, particularly three capital-protected gold notes and two capital-protected oil notes that matured at the beginning of this year.