Qatar Islamic Bank QR2 billion Tier 1 sukuk

30/6/2015
Sukuk

QR 2 billion

$ 549.285 million

Completed

30/6/2015


Overview:

  • Qatar Islamic Bank has undertaken a QR2 billion Tier 1 sukuk (Islamic bond) issue.
  • The issue is compliant with Basel III.
  • Linklaters (Jonathan Fried) had a role on this deal but the client is confidential.

Sam Duke - Editor

Jurisdiction:

Qatar

Deal type:

Sukuk

Practice areas:

Capital markets : Debt
Islamic finance

Industry sector:

Banking


Firms:

Party: Qatar Islamic Bank (Issuer)


Party: General Retirement and Social Insurance Authority (Subscriber)