Awards and Recognition
Islamic Finance
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Dubai Islamic Bank successfully closes USD 750 million AT1 Perpetual Sukuk
Dubai Islamic Bank PJSC rated A3 by Moody's (stable) and A by Fitch (stable), successfully closed a USD 750 million Additional Tier 1 (AT1) Perpetual Non-Call 6yrs Sukuk with a profit rate of 6.25% per annum, which is equivalent to 366.4bps over the implied 6-year US Treasury yield. The transaction,…
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