25.01.2012 - Al Hilal is set for $500mln Sukuk issue
Abu Dhabi government-owned Al Hilal Bank has confirmed the appointment of three banks to manage its debut $500 million Islamic bond issue, which will be issued later this year, its chief executive Mohamed Berro said. "We have started the preparatory work for issuing our first sukuk for which we are still at an early stage. We hope that this year we can tap the market," Berro said in an interview on the sidelines of an Islamic finance and banking conference in Muscat...............................................Full Article: Source
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