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Noor Bank's Capital-protected Investment Product Linked to Gold Delivers 16.5% Profit for 18-month Period

An innovative capital-protected investment product linked to gold, launched 18 months ago by leading UAE Islamic bank, Noor Bank , has delivered a profit rate of 16.5%, equivalent to an annual return of more than 11%. Launched in mid-2012, the note allowed customers to hedge against a drop in the…

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Source: Noor Bank

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