Tue, Jun 2, 2020
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk), Islamic Law / Economics more

FGB’s Sukuk ‘best Islamic deal in UAE’

Posted on 30 August 2012

First Gulf Bank, or FGB, was awarded the 2012 “Best Islamic Deal in the UAE” award for its $650 million sukuk (Islamic bonds) issuance in August 2011, which was six times oversubscribed. The award was presented during the Asset Triple A Islamic Finance awards in Kuala Lumpur.
The FGB five-year sukuk was subscribed by more than 200 different investors worldwide. Of these investors, 46 per cent were Middle East based, 24 per cent were from Europe, 24 per cent from Asia and six per cent from the US and other markets………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
June 2020
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930