Gulf Times - sukuk
QIB successfully completes issuance of $750mn sukuk

QIB successfully completes issuance of $750mn sukuk

Qatar Islamic Bank (QIB) has successfully priced a $750mn five-year sukuk at par with a profit rate of 3.982%, which is equivalent to a credit spread of 150bps over US dollar-denominated mid-swaps.

London Stock Exchange lists QIIB's $500mn sukuk

London Stock Exchange lists QIIB's $500mn sukuk

London Stock Exchange on Tuesday listed QIIB's $500mn sukuk, the first Qatari sukuk to be listed on the LSE.