Deutsche launches Islamic investment product in Asia
Islamic investors in the region get their first chance to buy DeutscheÆs Croci certificates.
Deutsche Bank is bringing its Islamic index certificates to Asian investors for the first time. The notes use the bankÆs proprietary equity valuation model, known as Croci short for cash return on capital invested, to pick stocks that meet Islamic investment guidelines.
Investors in the Middle East and Europe already have the opportunity to buy the bankÆs four Islamic Croci certificates and Deutsche says that investors in Asia, particularly Malaysia, are now keen to get a piece of the...
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