Wednesday 1 February 2017

Dubai Islamic Bank mandates banks for potential sukuk sale -sources | Reuters

Dubai Islamic Bank mandates banks for potential sukuk sale -sources | Reuters:

"Dubai Islamic Bank, the largest sharia-compliant bank in the United Arab Emirates, has appointed banks ahead of a potential benchmark-sized U.S. dollar sukuk sale, banking sources familiar with the situation said on Wednesday. The group of banks arranging the deal includes Bank ABC, Boubyan Bank, Emirates NBD, HSBC, Maybank, National Bank of Abu Dhabi, Sharjah Islamic Bank and Standard Chartered, the sources said, speaking on condition of anonymity because the information is private. Dubai Islamic Bank did not immediately respond to an emailed request for comment."



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