DIB's latest sustainable sukuk is the biggest by a Middle East financial institution in international capital markets since June 2021. Photo: DIB
DIB's latest sustainable sukuk is the biggest by a Middle East financial institution in international capital markets since June 2021. Photo: DIB
Dubai Islamic Bank raises $1bn from sustainable sukuk issuance
The 5.5-year Islamic bond was priced at a profit rate of 4.8% per annum and was three times oversubscribed
