Dubai, the Emirates Group announced today the launch of the national ‘portfolio of the Islamic Emirates International Properties’ (’ portfolio ‘), the investment portfolio of an open capital transactions will provide investors with a daily possibility of investing in international real estate in a manner consistent with Islamic law. Portfolio will be available to investors in the United Arab Emirates and across the channels of banking transactions in the UAE, Dubai distinctive national levels.

Is noteworthy that the ( ‘portfolio’) is the seventh-compliant investment product with the provisions of Islamic Sharia, which is raised by the governor of the UAE, Ltd. *, and aims to achieve high and sustainable income and long-term growth of capital through direct investments in real estate and international real estate-related shares . He said Mr. Jamal Bin Ghalita, Director-General of the consumer finance and wealth management at Emirates NBD said: “We are pleased to put this new portfolio, which emphasizes continuing commitment to the establishment of a special group of the governor, and we look forward at the same time to give our customers more opportunities to open new categories of assets . We have to manage a successful governor of the UAE, and we believe that this portfolio would be an appropriate addition to the governor of our investment, because investors in the Arabian Gulf region and others are aware of the importance and benefits of investment diversification, which is still so far limited to a few of them and specific. ”

The portfolio, which will be managed by Emirates Financial Services ( ‘MIS E’), an arm of the asset management of Emirates Group in Dubai and the national organization and the company licensed by the Dubai Financial Services Authority, adopt a certificate of Islamic revenues derived based on the profits arising from the evidence associated with the index the value of commercial real estate and international real estate. Will reap all the revenue generated by these assets in accordance with the provisions of Islamic Sharia, and the portfolio of assets will be compatible with the provisions of sharia law only within the categories of assets. Concluded ‘E MIS’ partnership with the ‘New Star’ asset management to restructure the product, which will serve as the Director of the reference portfolio, which will be linked to the proceeds of the initial portfolio. And Mr. Roger Doucet, CEO of real estate portfolio management company in the ‘New Star’ by saying: “full of many international real estate market of tremendous opportunities. We are pleased about our partnership with Emirates NBD Group and we look forward to our mutual future.”

Mr. Dion pointed out Vernoi, Chief Executive of the ‘E a unified’ by saying: “It could be the portfolio of the Islamic Emirates International Properties’ first ‘in terms of providing liquidity on a daily and direct investment in international real estate assets consistent with the provisions of Islamic law, with a focus on direct investment also commercial real estate in Europe and Asia.’s put this portfolio along the lines of the successful Emirates Real Estate Fund, which is the first portfolio is managed by the Islamic ‘E MIS’ and recorded the proportion of annual revenue reached a record nearly 16% since its inception in June 2005 did not witness any decline in the monthly “.

Would raise the portfolio investor interest, which are looking to achieve a secure income and the growth of long-term capital, with the exposure to risks similar to those associated with real estate investments. Portfolio is also ideal as a receptacle for investors wishing to engage in investment real estate in a manner consistent with the provisions of Islamic Sharia.

The product portfolio is the seventh investment, which is presented by Emirates NBD, since the company began to put up their portfolios comply with the provisions of Islamic Sharia in the middle of 2005. In less than three years this group has achieved rapid growth for today and one of the largest and most comprehensive in the conservative Muslim region. The total capital in the orbit, the governor of the Emirates group recorded in the ‘Jersey’ 800 million U.S. dollars and have the ‘E a unified’ about 200 million U.S. dollars deposited in the accounts of more Islamic. Achieved ‘E MIS’ successes Mthbp through the rest of their portfolios that have made the Islamic record levels of performance than their counterparts in the group. The introduction of innovative products remains the primary focus, and ‘E MIS’ was the first fund manager presents alternative strategies consistent with the provisions of Islamic Sharia law the establishment of ‘portfolio of Emirates Islamic Alternative Strategies’ in last year

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