QIIB prepares sukuk programme

QIIB prepares sukuk programme

Published: February 21, 2013

Qatari bank to map out US$2bn issuance plan following debut deal last year.

Qatar International Islamic Bank has called a general meeting to approve a new US$2bn sukuk programme.

The board has set the meeting for Wednesday March 13.

A new sukuk issuance would follow the bank’s debut debt deal in the international markets, a US$700mn sukuk issued in October.