RSS
Dubai Islamic Bank (DIB) announced Thursday the successful pricing of a perpetual Islamic bond (sukuk) worth 1 billion U.S. dollars. The tier-1 Islamic bond was priced with a profit rate at 6.25 percent.
The launch of the first sukuk issued this year attracted “more than 14 billion dollars on the back of demand from a diverse investor base,” said DIB in a statement to the local bourse Dubai Financial Market……………………………………Full Article: Source
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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more
Dubai Islamic Bank announces successful pricing of sukuk in 2013
| Posted on 15 March 2013 |
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