QIB unveils new Shari’ah-compliant investment product
Themar, Qatar Islamic Bank (QIB)’s new product, is going to let clients to invest regularly, or with several lump sums, into the Sukuk market and Islamic financial institutions stocks around the globe.
Themar has two modes of subscription for its customers.
In the first place is the monthly investment which allows clients a second choise: a maturity term of two, five or eight years with a minimum monthly subscription of QAR 2,000 ($549.2).
Second, there is the one-off investment that requires a single lump sum from the customer with a minimum investment of QR 40,000 ($10,984).