Al Basha'er GCC Equity Fund

An open-ended investment fund which seeks medium to long-term capital appreciation through investing primarily in the shares of GCC listed Shari'ah compliant companies. The Fund may also invest in non-listed Shari'ah Compliant companies up to 10% of its Net Asset Value. Fund Size USD 400 Million (40 Million units at USD 10 per unit).

Aabar Sukuk Issue

Aabar Sukuk issue of US $460 Million Trust Certificates (Sukuk Al Mudarabah) due in 2010, was the first of its kind Exchangeable Sukuk issue, where Sukuk are exchangeable into ordinary shares, at maturity, quoted on Abu Dhabi Securities Market in the capital of the Obligor (Aabar) subject to satisfying the Exchange condition. Deutsche Bank and ADCB were appointed as joint lead managers to the Sukuk offering of Aabar Petroleum.