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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Capital Market (Equity, Mutual Funds) more

ADIB plans capital boost through sukuk sale

Posted on 31 October 2012

Abu Dhabi Islamic Bank is planning to boost its capital through the sale of a Shariah-compliant debt instrument, in what would be a rare method by a regional lender to boost its core capital ratios.
ADIB, the largest Shariah-compliant lender by market value in Abu Dhabi, will start investor meetings today ahead of a potential Islamic bond, or sukuk, sale, a statement from the arranging banks said……………………………………….Full Article: Source

 
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