DIB to issue sukuk

Published: June 2, 2015

Dubai Islamic Bank has chosen six banks to run a sukuk roadshow.

Dubai Islamic Bank (DIB), the largest shariah-compliant lender in the UAE, is set to issue a dollar-denominated sukuk.

The bank has chosen First Gulf Bank, HSBC, Maybank, National Bank of Abu Dhabi and Standard Chartered as lead arrangers, according to a document from one of the banks, seen by EMEA Finance. The roadshow will start in Kuala Lumpur on Thursday 21 May, move to Singapore on Friday before concluding in London the following Tuesday.