Investment Products

Hybrid Pick and Drop Structure

The Hybrid Pick and Drop Structure is a unique Wealth Management Structured Investment Product offered by Noor Islamic Bank. With this Shari’a compliant product, clients can now invest in different Asset Classes, while having the security of 100% capital protection with unlimited returns – perfect for both low and high-risk investment clients.

Features & Benefits:

• Tenor 3 years
• Minimum denomination is 100,000 AED
• Entry subscription fees/charges: None
• 100% capital protected three-year investment if held to maturity

Investment in diversified Asset Classes:

• Shari’a-compliant Equities (Dow Jones Islamic Market Index)
• Precious Metal,
• Soft commodities (Agricultural)
• Energy Commodities (Oil),
• Brazil Real and Chinese Renminbi currencies)

Every observation dates (every 6 months) the best performing asset class is picked and its performance recorded for the final performance calculation while dropped from the basket for further calculations.

Early Exit : After 10 months is possible , subject to a maximum fee of 3%.

For more information please contact wealthservice@noorbank.com