Islamic Finance
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ADIB raises $750 million in UAE’s first tier-one perpetual Sukuk
Abu Dhabi Islamic Bank (ADIB) has successfully raised $750 million of additional Tier 1 through a perpetual Sukuk that complies with Basel III regulatory framework issued by the Central Bank of the UAE. ADIB, which is rated A2 by Moody’s and A+ by Fitch, in each case with a stable…
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