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Qatar Islamic Bank plans dollar-denominated sukuk

Wed, 2012-09-26 09:56 — newsdesk

Qatar Islamic Bank has made plans of issuing a sukuk in dollar denomination. The move will be part of the bank's sukuk issuance programme worth $1.5 billion. According to a document from the lead arrangers, the banks mandated for the sukuk are Deutsche Bank, HSBC, Standard Chartered and QInvest LLC. Further details on the size of the sukuk are not known yet. The plans include investor meetings in Asia, Middle East and Europe.

More on: http://in.reuters.com/article/2012/09/26/qatar-sukuk-banks-idINL5E8KQ08R...

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http://in.reuters.com/article/2012/09/26/qatar-sukuk-banks-idINL5E8KQ08R...