Islamic Finance
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Dubai Islamic Bank successfully prices $1bn sustainable sukuk, its second so far
Dubai Islamic Bank has successfully priced its second sustainable sukuk – a $1bn 5.5-year senior issue with a profit rate of 4.80 per cent per annum, representing a spread of 102.4 basis points (bps) over five-year US Treasuries. In November last year, DIB priced its inaugural sustainable sukuk, a $750m…
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Click here to read the full story: Gulf Business