(MENAFN) According on a document published on Monday, Dubai Islamic Bank, the United Arab Emirates' biggest Islamic lender, has appointed banks to prepare a sale of five-year US dollar-denominated sukuk.
Bank ABC, Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, KFH Capital, HSBC, Sharjah Islamic Bank, Standard Chartered as well as The Islamic Corporation for the Development of the Private Sector is going to prepare stockholder calls beginning on Monday, based on the document from one of the banks.
A standard issuance, usually nearly USD500 million, of senior unsecured sukuk is going to pursue, subject to market situations, as stated in the document.
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