FAB prints first ever intraday bank sukuk

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Emerging Markets
EM Middle East

FAB prints first ever intraday bank sukuk

Francesca Young
January 16, 2019 04:00 pm
UAE AS 230x150
DUBAI, UAE - OKTOBER 10: Modern buildings in Dubai Marina, Dubai, UAE. In the city of artificial channel length of 3 kilometers along the Persian Gulf, taken on 10 Oktober 2014 in Dubai. | Alexandr Vlassuyk www.alexandrst/Alexandr Vlassyuk - stock.adobe.com

First Abu Dhabi Bank (FAB) printed its $850m five year sukuk on Tuesday, becoming the first bank to sell an international sukuk intraday.

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Topics

Islamic FinanceUnited Arab EmiratesMiddle EastEmerging MarketsEMEAFIGEM Middle EastGCCMiddle East Bonds
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Francesca Young
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