25.06.2009 - IDB plans $6bln Sukuk in 5 years
From Arabnews.com: The Islamic Development Bank (IDB) plans to issue $6 billion worth of Sukuk over the next five years in order to finance its programs, the bank president said. While addressing a press conference at the IDB headquarters here yesterday, Ahmad Mohamed Ali said a $500 million Sukuk would be launched within a few weeks followed by another $500 million.” He also said the bank was planning to issue $1.25 billion worth of Sukuk every year for the next five years.......Full Article: Source