#Qatar Islamic Bank hires banks ahead of dollar sukuk - IFR | Reuters

Qatar Islamic Bank hires banks ahead of dollar sukuk - IFR | Reuters:

Qatar Islamic Bank, the Gulf state’s largest sharia-compliant lender by assets, has hired banks ahead of a potential issue of U.S. dollar-denominated sukuk, or Islamic bonds, according to IFR, a fixed income news service.

The lender has appointed Barclays, Boubyan Bank , Credit Agricole, QInvest, QNB Capital and Standard Chartered as joint bookrunners to arrange fixed income investor meetings in Singapore, Hong Kong and London from March 14.