UAE: Abu Dhabi Islamic Bank (ADIB) launched its fractional Sukuk platform, laying claim to be the first bank globally allowing investors to participate from US$1,000 compared to the usual US$200,000 minimum – which made such instruments previously accessible only to institutional investors or high net-worth customers. The ‘Smart Sukuk’ digital investment solution enables retail customers to invest in fractionalized Sukuk certificates directly through the ADIB mobile app.
Restricted Access
Login to continue reading (existing subscriber)
Subscribe NOW and get:
- Gain unlimited access through all key operating platforms
- Full access to all listed Islamic funds & fund profiles
- Unlimited access to all Islamic fund managers
- Access to all exclusive articles, reports, podcasts & videos
- Complimentary access to all IFN Investor Forums
