Abu Dhabi Islamic Bank introduced new certificates for investing in international cars’ companies with a protected capital so as to offer for its clients the opportunity to invest in the most important cars’ companies among many other cars’ manufacturers in the world where this industry is witnessing a remarkable growth in these days. These new certificates are corresponding with the provisions of Islam because it is one of the ways to earn money and the bank provides a protection for the capital by 100 percent with a period of one year for taking the money and a potential annual profit of up to eight percent. The bank opened the door of these certificates to investors with a minimum of 30 thousand U.S. dollars.
These certificates provide the opportunity for investors to make a profit through the expected growth for a global leading group of cars’ manufacturers which includes General Motors, Toyota, BMW, Volkswagen and Honda companies where there was a significant improvement in the performance of this sector during the year of 2013 due to the recovery of global economy in general and the increasing demand in the United States and Asia in particular which led to improve the stocks’ prices of these companies worldwide.
Since last year, the shares of General Motors Company rose by 56 percent while the shares of Toyota Company recorded an improvement since 2012 by up to 60 percent. The BMW Company maintained its global position as a leader in the field of manufacturing luxury cars while the profits’ margins of Honda Company increased through the increased sales and the remarkable improvement in the motorcycles’ markets in addition to the growth in the North America’s markets. The Volkswagen Company witnessed a tremendous improvement compared to the first half of 2013 with revenues estimated at 6.16 billion Euros. These new investment’s certificates provided by the Abu Dhabi Islamic Bank saw overwhelming response from many investors such as the protected gold certificates and the protected oil certificates.
One of the protected gold certificates that has released after one year achieved an excellent rate by 15 percent where the two other additions which have a less degree of risk achieved good revenues by 4 percent and 6 percent. For the oil certificates which amounted to an investment period of two years, these certificates have achieved great revenue rates by 9.17 percent and 21.1 percent.
