Qatar sold the largest dollar-denominated Islamic bond ever seen on Wednesday, taking advantage of heavy interest in high-grade Gulf debt, which is being sought as a safe haven from the global financial crisis.
The world’s top liquefied natural gas exporter priced a $4 billion, two-tranche sukuk, attracting a massive order book of over $24 billion. It was the Qatari government’s first Islamic debt issue for nine years………………………………………..Full Article: Source