Launch Partners

Wednesday, February 21, 2024

Launch Partners

NASDAQ Dubai lists Dubai Islamic Bank’s US$1 billion Sukuk

UAE: NASDAQ Dubai has listed Dubai Islamic Bank (DIB)’s US$1 billion Sukuk facility that was issued through its SPV, DIB Sukuk, according to a bourse filing. The Sukuk facility has a 4.8% coupon rate and will mature on the 16th August 2028.

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