Islamic Finance
Retail Banking
Uncategorized
FAB issues the first Sukuk globally in 2024
Issuance marks the first Sukuk issued globally in 2024 and stands as the region's first offering for the year. First Abu Dhabi Bank (FAB) has successfully issued a 5-year USD 800 million Sukuk at US Treasury +85bps which resulted in an all-in yield of 4.779%. This issuance marks the first…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Source: First Abu Dhabi Bank