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Qatar Islamic Bank raises $750mn from sale of Islamic bond

Qatar Islamic Bank, the State’s largest Shariah-compliant lender, returned to global debt markets after two years with a $750mn Islamic bond sale yesterday, tapping into strong liquidity for regional issuers. The lender priced the five-year sukuk at a profit rate of 2.5%, and a spread of 175 basis points over…

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Click here to read the full story: Gulf Times

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