Qatar International Islamic Bank eyes dollar benchmark sukuk in Feb - sources | ZAWYA MENA Edition

Qatar International Islamic Bank eyes dollar benchmark sukuk in Feb - sources | ZAWYA MENA Edition:

"Qatar International Islamic Bank (QIIB), Qatar's third largest listed Islamic bank by assets, plans to issue a U.S. dollar-denominated benchmark sukuk in February, said two sources familiar with the matter. Benchmark bond deals are generally upwards of $500 million. One of the sources said the transaction could go up to $700 million in size. The planned issuance would be QIIB's first debt sale under a $2 billion sukuk programme the bank established in October."



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