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Qatar International Islamic Bank preparing 1 bln riyal sukuk issue

Thu, 2016-03-17 21:28 — newsdesk

Qatar International Islamic Bank is in the advanced stages of preparing to conduct a Tier 1 sukuk issue worth 1 billion riyals ($275 million), it said in a statement on Thursday. The bank said the capital-boosting issue would follow the bank receiving all regulatory approvals. It didn't elaborate.

Source: 

http://www.reuters.com/article/qiib-sukuk-idUSD5N15N03Y