| Sukuk Al-Wakkah, a Medium Term Note program has been set up by the Bahrain based Gulf International Bank (GIB) for 1.1 billion dollars. The program falls under the tactical ambitions of the country’s search to vary its funding avenues and currencies for the bank. The lead arrangers are Standard Chartered Saadiq Berhad and Malaysia’s CIMB Investment Bank.
The Gulf International bank Capital LLC which is an investment bank under the authority of the Bahrain based lender is the international coordinator for Sukuk Al-Wakkah...............................................Full Article: Source
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