Islamic Finance
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Dubai Islamic Bank issues $1 billion Additional Tier 1 perpetual non-call 6-year Sukuk
DIB, rated A3 by Moody’s and A by Fitch, the world's first Islamic bank and the largest in the UAE, has successfully priced a $1 billion Additional Tier 1 Perpetual Non-Call 6-Year Sukuk at a profit rate of 6.250%, equivalent to a reset spread of 191.10 basis points over the…
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Click here to read the full story: Gulf News