citigroup-offers-two-more-islamic-financing-products

Citigroup offers two more Islamic financing products

Citibank Berhad continues to expand its Shariah-compliant Islamic finance products available in Malaysia.
Citigroup, through its local entity Citibank Berhad, is set to offer two new Islamic products which are approved by Shariah scholars both in Malaysia and the Middle East.

The first product, Market Linked Structured Investment-i iSI, is a Shariah-compliant capital protected investment product that will allow Citibank's clients to enjoy investment returns at rates that are referenced to a wide variety of assets or benchmarks. Through the iSI, Citibank will provide investors a regular stream of Shariah-compliant investment ideas.

The iSI is the first product of its kind where returns can be structured to a specific investor's preference on a completely bespoke basis.

For the first time, the Shariah investor community has...
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