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UAE's green bonds and sukuk market valued at $17 billion - Vimarsana News

UAE's green bonds and sukuk market valued at $17 billion

As part of its participation in the 27th United Nations Climate Change Conference (COP27), held in the Egyptian resort of Sharm El Sheikh, the UAE Ministry of Climate Change and Environment (MoCCAE)

COP27: UAE's green bonds, sukuk market valued at $17 billion - Vimarsana News

COP27: UAE's green bonds, sukuk market valued at $17 billion

The UAE Ministry of Climate Change and Environment (MoCCAE) co-hosted a fireside chat on its Green Bond and Sukuk Programme with the Global Green Growth In..

Emirates News Agency - Nasdaq Dubai welcomes listing of US$750 million Sukuk by Dubai Islamic Bank - Vimarsana News

Emirates News Agency - Nasdaq Dubai welcomes listing of US$750 million Sukuk by Dubai Islamic Bank

DUBAI, 15th February, 2022 (WAM) -- Nasdaq Dubai today welcomed the listing of a US$750 million Sukuk by Dubai Islamic Bank (DIB). The 5-year new Sukuk issuance is part of DIB’s US$7.5 billion Sukuk Programme. The UAE’s first Sukuk issuance in 2022 has been priced at a profit rate of 2.74 percent per annum, 95 basis points over the 5 year US Treasury representing the lowest-ever credit spread on any of DIB’s fixed-rate senior Sukuk issuances. The issuance was oversubscribed by more than 2.5 times...

Source: wam.ae
Emirates News Agency - Nasdaq Dubai welcomes listing of US$750 million Sukuk by Dubai Islamic Bank - Vimarsana News

Emirates News Agency - Nasdaq Dubai welcomes listing of US$750 million Sukuk by Dubai Islamic Bank

DUBAI, 15th February, 2022 (WAM) -- Nasdaq Dubai today welcomed the listing of a US$750 million Sukuk by Dubai Islamic Bank (DIB). The 5-year new Sukuk issuance is part of DIB’s US$7.5 billion Sukuk Programme. The UAE’s first Sukuk issuance in 2022 has been priced at a profit rate of 2.74 percent per annum, 95 basis points over the 5 year US Treasury representing the lowest-ever credit spread on any of DIB’s fixed-rate senior Sukuk issuances. The issuance was oversubscribed by more than 2.5 times...

Source: wam.ae
Nasdaq Dubai welcomes listing of $750 million Sukuk by Dubai Islamic Bank - Vimarsana News

Nasdaq Dubai welcomes listing of $750 million Sukuk by Dubai Islamic Bank

Nasdaq Dubai on Tuesday welcomed the listing of a $750 million Sukuk by Dubai Islamic Bank (DIB). The 5-year new Sukuk issuance is part of Dubai Islamic Bank’s (DIB) $7.5 billion Sukuk Programme.