DIB issues first sukuk

Dubai Islamic Bank has issued its first Islamic sukuk bond. The bank launched the $750 million sukuk through a special-purpose vehicle registered in the Cayman Islands. It will be listed on the Dubai International Financial Exchange and the London Stock Exchange - the first sukuk to be listed on both exchanges. Barclays Capital, Citigroup Global Markets and Standard Chartered Bank were joint lead managers on the deal. The bond will mature in 2012. As an Islamic product, it does not technically

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free registration? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here