Dubai – Mubasher: Dubai Islamic Bank (DIB) has appointed six banks to arrange meetings with fixed-income investors in London on 21 March for the issuance of possible dollar-denominated sukuk to boost its capital, Reuters reported citing banking sources.
The arrangers are Bank ABC, Emirates Islamic Bank, HSBC, NBAD, Sharjah Islamic Bank and Standard Chartered, according to the news agency.
DIB has a sukuk programme worth $2.5 billion.
DIB stock rose today by 2.26% to AED 5.8, after 11.11 million shares were exchanged in 513 transactions at turnover reaching AED 64.9 million.
