Abu Dhabi’s ADIB unveils platform to broaden sukuk uptake
Abu Dhabi Islamic Bank (ADIB) has launched a new solution to broaden sukuk participation among retail investors and enhance the Islamic capital market.
ADIB’s ‘Smart Sukuk’ platform allows customers to invest in fractionalised sukuk certificates via the lender’s mobile app.
The fractional sukuk platform permits investors to participate with as little as $1,000 (3,672 Emirati dirhams), compared to the traditional minimum investment of $200,000 (734,500 Emirati dirhams).
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