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Dubai Islamic Bank prices US$ 750 million 2.921% Fixed Rate Trust Certificates
Dubai Islamic Bank has successfully priced a US $750 Million Sukuk issuance maturing on 3rd June 2020. The issuance from DIB's USD 2.5 billion Sukuk Programme carries a profit rate of 2.921% reflecting the strong demand for the credit and confidence investors have in the world's first Islamic bank. This…
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Source: Dubai Islamic Bank