Islamic Finance
Uncategorized
Saudi-Based IDB Says Plans Benchmark Sukuk Issue Around May 2015
Islamic Development Bank, a Jeddah-based multilateral institution, plans to issue a benchmark-sized Islamic bond or sukuk in around May next year, the bank’s President Ahmad Mohamed Ali said on Wednesday. In February, IDB, which has a top-notch AAA rating, priced a $1.5 billion, five-year sukuk, its largest ever Islamic bond….
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Gulf Business