Islamic Finance
Uncategorized
Dubai Islamic launches $1bn Tier 1 sukuk
Dubai Islamic Bank, the largest sharia-compliant lender in the UAE by assets, launched a $1 billion hybrid sukuk on Wednesday, arranging banks said. The perpetual sukuk, which is aimed at shoring up its core or Tier 1 capital, launched at a profit rate of 6.25 per cent, in line with…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Trade Arabia