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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Emerging Trends, Funds more

QIB Sukuk luring funds on govt support for banks

Posted on 19 May 2011

Ahmad MeshariQatar Islamic Bank’s planned sale of Islamic bonds may benefit from the government’s backing of local banks ahead of the World Cup in 2022, helping keep yields near the sovereign benchmark rate.
QIB, the country’s largest Shariah-compliant bank, will sell sukuk maturing in more than five years to repay debt, acting chief executive officer Ahmad Meshari said on May 12……………………………………….Full Article: Source

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