The Islamic Development Bank (IDB) plans to increase its $3.5 billion sukuk program to as much as $8 billion and issue a sukuk bond worth $600 million by year-end, its Vice President Abdul Aziz Al-Hinai said.
He said $2.9 billion of the current program had been issued and the rest would be out by Dec. 31, adding that the IDB was studying how large the program would become……………………………………….Full Article: Source