From Cpifinancial.net: The Islamic Development Bank (IDB) is to dual list some $1 billion of Sukuk in tranches of five, seven and 10 years as part of its $3.5 billion Medium-Term Note program.

The issue, due in Q4 2010, follows the IDB’s listing this month of MYR 1 billion ($318 million) on Bursa Malaysia via the IDB’s special purpose vehicle, Tadamun Sevices Bhd – the bank’s first MYR-denominated Sukuk. The MYR Sukuk, of which some MYR400 million has already been sold, is listed under the exempt regime basis and is not quoted or traded on the exchange…………………………………….Full Article: Source