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QIIB gets shareholders’ approval for sukuk plan

Wed, 2011-03-02 10:15 — newsdesk

International Islamic (QIIB) has got shareholders’ approval for issuing sukuk the bank can utilise to boost capital, if required, at a later stage.
Addressing the shareholders earlier, QIIB chairman Sheikh Dr Khalid bin Thani al-Thani said the bank kept strengthening its position as leading Islamic bank in line with the requirements of a rapidly developing economy.

Source: 

http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=419170...