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The NBAD Islamic MENA Growth Fund has been named the Best Islamic Fund 2014 by Global Islamic Finance Awards. The Fund invests in a balanced portfolio of equities based on Islamic Shari’ah principles, with a view to achieve capital growth, primarily in the MENA. NBAD’s award-winning Asset Management Group, designed and manage NBAD Islamic MENA Growth Fund and various other products, which include conventional and Islamic offerings ranging from equity funds and fixed income funds to exchange-traded funds (ETF), structured products, and discretionary portfolios and advisory services. NBAD’s Asset Management Group manages assets in excess of AED 11.28 billion.

The upturn in the global Sukuk market that has been forseen for the past few years doesn't seem to happen – but for all the wrong reasons. Nowadays corporates and banks are issuing because they need the money.
Citi, Emirates NBD Capital, HSBC, NBAD, RBS and Standard Chartered have all been secured in to advise on the five-year Reg S, dollar-denominated transaction, which could be priced at 350bps over midprice swaps. Fitch has given an A+ anticipated rating and Moody’s has given an A3 with negative outlook.
Bank Muamalat Indonesia is also planning to launch $140m worth of Sukuk in the first half of 2012 with both an Indonesian rupiah subordinated Sukuk and a $50m dollar-denominated senior tranche.