According to the bank, the product is ideal for investors not willing to invest in long-term funds, who still want to benefit from potential growth in the Middle East.

The new product is linked to Middle Eastern equities and ensures that investors will not lose money over the two year term.

Al Khalij acting group head of consumer banking Andrew Ball said with this new product, clients can rest assured that Al Khaliji is listening to them, and will continuously explore investment opportunities that meet their requirements.

"We do recognize that the region can be volatile, but Middle Eastern equities have proven to be resilient in the past." added Ball.