Tuesday 27 March 2018

QIIB plans roadshows in Asia, Europe to test appetite for sukuk

QIIB plans roadshows in Asia, Europe to test appetite for sukuk:

"QIIB plans to hold roadshows in Asia and Europe next month to explore the market for its proposed sukuk, chief executive officer Dr Abdulbasit Ahmad al-Shaibei has said. “Neither the size nor the tenor of the sukuk have been decided as yet, although we are looking up to $500mn with a maturity of three to five years,” al-Shaibei told Gulf Times yesterday. He said QIIB shareholders approved the issuance of the senior unsecured sukuk at their AGM last night. "



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