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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Compliance, Tax, Legal, Regulatory, New Launches more

Qatar Islamic Bank board approves $1.5 bln Sukuk program

Posted on 17 September 2012

Qatar Islamic Bank (QIB), the country’s largest Sharia-compliant lender by market value, could sell $750 million of Islamic bonds as early as next month, part of its $1.5 billion sukuk program that its board approved Sunday, a company executive said.
The executive, who didn’t wish to be named, said the issue could come in two tranches of $750 million and that HSBC Holdings PLC, Standard Chartered PLC, QInvest LLC and Deutsche Bank AG were advising on the deal………………………………………..Full Article: Source

 
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