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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Qatar Islamic Bank plans $1.5 bln sukuk program

Posted on 30 August 2012

Qatar Islamic Bank (QIB) is planning a sukuk issuance programme of up to $1.5 billion, a company statement said on Wednesday. The bank will seek shareholder approval of the plan in a meeting on Sept. 16.
“A consent from the quorum at the General Assembly will allow QIB to further process necessary approvals from the relevant authorities in Qatar with regards to potential Sukuk issuances under the Programme in the future,” the emailed statement said………………………………………..Full Article: Source

 
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