Published: October 28, 2014
UAE financial freezone could issue first dollar sukuk after meeting investors.
The Dubai International Financial Centre (DIFC), a financial freezone home to more than 1,100 companies, could issue its first dollar-denominated sukuk to finance further development of its infrastructure.
The centre has mandated Dubai Islamic Bank, Emirates NBD Capital, Noor Bank and Standard Chartered Bank to run a series of investor meetings in the Middle East, Asia and Europe ahead of a possible deal.
The roadshow will visit Singapore on Thursday October 30, Hong Kong on October 31, the United Arab Emirates on November 2 and finish in London on November 3.