UAE: National Bonds, a Dubai-based savings and investment company, has launched ‘EIBOR Plus’, a Shariah compliant investment option that tracks the Emirates Interbank Offered Rate (EIBOR) benchmark. It offers investors a projected return of 0.5% above EIBOR annually. With a minimum investment of AED25,000 (US$6,806.38), the program allows investors to choose their preferred EIBOR-linked term Sukuk, with durations ranging from six to 36 months, based on their financial goals, as stated in a LinkedIn post.
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