Dubai Islamic Bank rings market-opening bell to celebrate listing US$750 million Sukuk on Nasdaq Dubai
Dubai Islamic Bank, DIB, rang the market-opening bell today to celebrate the listing of a US$750 million Sukuk on Nasdaq Dubai. The Sukuk was 4.9 times oversubscribed with a profit rate of 6.25 per cent per annum, with nearly 40% of investor interest coming from outside the Middle East. As a perpetual non-call 6-year Sukuk, […]
Read More →