New Halal savings opportunity
The alburaq Shariah Compliant Savings Plan
We are very pleased to announce the launch of the new alburaq Savings Plan.
This unique Savings Plan provides an opportunity for those wishing to invest without compromising their Islamic beliefs and with the full approval of the alburaq Shariah Supervisory Committee.
Deposit any amount over £500 and keep it there for 5 years and you will have the potential to receive an unlimited return at the end of that period, based on the market performance of shares in selected major global companies.
Even if the overall performance of those shares has fallen by the end of the five year period, the initial deposit will be returned.
Key Features:
- Save in a way designed to safeguard your initial capital
- Minimum investment of £500
- Investment term 5 years (no withdrawals permitted)
- Potential for unlimited return linked to the performance of shares in major global companies
- Fully approved by the alburaq Shariah Supervisory Committee
- Offered by alburaq in conjunction with Bank of Ireland
- Limited period offering (12 June – 5 September 2008)
Legal information
The Governor and Company of the Bank of Ireland is authorised by the Financial Regulator in Ireland and by the Financial Services Authority for the conduct of UK Business. Bank of Ireland deposit accounts are deposit products as defined under the Financial Services and Markets Act 2000. The Bank of Ireland subscribe to the Banking Code. A copy of the Code is available on request. Bank of Ireland, 1 Donegall Square South, Belfast, BT1 5LR. The Governor and Company of the Bank of Ireland is incorporated in the Republic of Ireland with limited liability and registered in England and Wales with branch number BR000459.
alburaq is a registered trade mark of ABC International Bank plc ("ABCIB") and the brand under which Islamic products are provided. ABCIB is authorised and regulated by the Financial Services Authority and is registered in England and Wales, Registration No. 2564490 - Registered Office: 1-5 Moorgate, London EC2R 6AB. The Governor and Company of the Bank of Ireland is ABC's appointed provider of the Shariah Compliant savings plan and is authorised to use the alburaq brand name under licence.
ABCIB does not offer any advice or personal recommendations as to the suitability of the alburaq Shariah compliant savings plan in meeting individual needs. We will provide information on the features of the product and generic benefits to the investor as a whole. You will need to decide for yourself or seek professional advice to ensure that this product meets your specific needs.
“Dow Jones®”, “Titans®” and “Dow Jones Islamic Market Titans 100 IndexSM” are service marks of Dow Jones & Company, Inc. Dow Jones has no relationship to Bank of Ireland, other than the licensing of the Dow Jones Islamic Market Titans 100 Index and its service marks for use in connection with the Savings Plan. The Savings Plan is not sponsored, endorsed, sold or promoted by Dow Jones, and Dow Jones makes no representation regarding the advisability of investing in the Plan.
