AmInvestment offers energy-themed product
The purpose of AmIslamic Bank Bhd is to ride on the growth of energy-themed commodities. Meanwhile the bank also wants to protect investors from the big unpredictability of the market with its latest offering,
AmEnergy Islamic Negotiable Instruments of Deposit (NID-i).
This product follows the conduct of oil, soyabean (biodiesel) and sugar (ethanol) and it is programed for two years.
But because the oil supplies are limited, so the merket is vulnerable, worldwide governments and corporations are looking out for alternative energy sources such as biofuels.