Financial Results
Islamic Finance
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Dubai Islamic Bank issues $1 billion senior Sukuk
Dubai Islamic Bank announced the successful pricing of the largest senior Sukuk issuance by a financial institution globally. The US$ 1 Billion Sukuk was issued with a 5 year tenor, maturing on 14th February 2022. The issuance under DIB’s USD 5 billion Sukuk Programme carries a profit rate of 3.664%…
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