Qatar Barwa Bank
Barwa Bank sets up $2bn sukuk programme
Fri, 2015-11-27 21:12 — newsdeskQatar’s Barwa Bank has established a $2bn sukuk issuance platform for the purchase of shariah compliant assets, according to Moody’s.
The rating agency has assigned a provisional rating of A2 to the programme, in line with its rating on the state controlled lender’s foreign currency deposits.
Trust certificates sold from the platform will be issued by a newly created Cayman Islands special purpose vehicle called BBG Sukuk Ltd and will
Source:
http://www.globalcapital.com/article/vc8y20hfsvrm/barwa-bank-sets-up-$2bn-sukuk-programme
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