DIB launches four-year water note

Dubai Islamic Bank (DIB) yesterday launched a four-year note linked to a basket of ten water industry stocks, including activities such as purification, desalination and waste management, in Europe, the US, Japan and the UK. The minimum annual return is set at 2%, with a cap of 11% pa. "On the heels of the launch of the bank's four-year Capital Protected Global Real Estate Income Trust Note, the DIB Water Note signals the bank's ongoing commitment to innovation... DIB is determined to provide ba