IslamicFinance.de

Qatar Islamic Bank (QIB) has launched its new investment product called International Sukuk Portfolio. It will be invested predominantly in global sukuks issued by sovereign, quasi-sovereign and corporate issuers using well defined investment guidelines and is designed to keep risk exposure under control. The portfolio will be managed by QIB’s subsidiary in the United Kingdom QIB-UK, which has experience in asset management. Since International Sukuk Portfolio is priced and available for trading on a weekly basis, liquidity will be ensured. The portfolio will be diversified across sukuk issuers, a wide sector split and a broad geographic allocation. Part of the profits will be distributed to investors on a quarterly basis.