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Al Hilal eyes $500m sukuk in Q1 2012

Thu, 2011-11-17 11:06 — newsdesk

Al Hilal Bank has chosen three banks to arrange its debut sukuk. The deal is forseen to emerge in the first quarter of 2012.
Standard Chartered, HSBC and National Bank of Abu Dhabi have been assigned by unlisted Al Hilal for a benchmark-sized deal under a bond programme which could be worth up to $3 billion.

Source: 

http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2011/Novem...