Emirates NBD, Dubai’s largest bank by assets, is considering tapping the Islamic bond, or sukuk, market for the first time as the bank becomes the latest Gulf financial institution to target sharia-compliant investors.
Chief Executive Rick Pudner said on Monday the lender is eyeing a five-year, dollar-denominated issue. “Like everyone, we are looking at the opportunities in the sukuk arena and we’re just reviewing our options,” Pudner said………………………………………..Full Article: Source