Coronavirus
Islamic Finance
Uncategorized
DIB sells first sukuk in emirate since virus outbreak
Dubai Islamic Bank the UAE’s largest Islamic lender, sold a $1 billion sukuk, the first in the emirate since the coronavirus disease (COVID-19) pandemic broke out across the world, forcing much of region into lockdown. The five-year Islamic bond has a profit rate of 2.95 percent and attracted strong investor…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Arab News