From Bloomberg: Abu Dhabi Islamic Bank PJSC, the United Arab Emirates’ second-biggest bank complying with Islamic banking rules, plans to raise as much as $5 billion from the sale of sukuk under a trust certificate program.
The bonds will be issued from “time to time” in any currency, according to a base prospectus dated July 8 posted by the bank on the London Stock Exchange’s website. HSBC Holdings Plc is the lead arranger of the bond program, according to the prospectus..............................................Full Article: Source
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