ICD beats bonds with sukuk in nimble $1bn
GlobalCapital, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Emerging Markets

ICD beats bonds with sukuk in nimble $1bn

dubai-emirates-towers-for-ifis.jpg

The Investment Corporation of Dubai’s $1bn dual tranche issue this week has been hailed by bankers both as a triumph of sukuk over conventional bonds and a clarion call for prospective Middle East borrowers to be more flexible in their execution.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article