(MENAFN) Dubai Islamic Bank (DIB) was declared to have raised USD1 billion in the listing of sukuk on Nasdaq Dubai.
All sukuk of which Dubai's exchanges have listed were revealed to have stood at an overall worth of USD53.47 billion.
"2018 has once again seen DIB open the capital markets for the region with another successful sukuk issuance," DIB's Group CEO Dr Adnan Chilwan stated.
He continued "the strong demand for the credit continues to grow across a diverse global investor base as we pursue our expansionary agenda, focused on protecting the franchise we have created and making use of our ever-strengthening balance sheet to pursue new opportunities."
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