Comment & Analysis
Islamic Finance
Uncategorized
Dubai Islamic Bank sells $1b in perpetual sukuk
Dubai Islamic Bank, the United Arab Emirates’ largest Islamic lender, on Thursday sold $1 billion in Additional Tier 1 sukuk, or Islamic bonds, at 4.625%, a document from one of the banks arranging the deal showed. Overall debt issuance from the Gulf so far this year has already surpassed last…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Pakistan Observer