The Capital Protection Investment Link Fund is a three-year scheme that uses the Sharia concepts of wa'd to generate returns and murabaha to provide a capital guarantee. The investment is benchmarked against two asset classes property, in the form of the European Public Real Estate Index and the Tokyo Stock Exchange Reit Index, and a basket of commodities, comprising oil, copper and zinc.
At maturity, returns are calculated depending on whichever asset class has performed better. If property outperforms, the portfolio will comprise 70% property and 30% commodities, and vice...
¬ Haymarket Media Limited. All rights reserved.