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Dukhan Bank issues additional Tier 1 $500m sukuk in Qatar DOHA, 19 hours, 36 minutes ago Dukhan Bank announced the issuance of its debut Additional Tier 1 $500 million sukuk priced with a profit rate of 3.95 per cent, the lowest rate for this type of issuance in the Qatari market, according to a press release.   In addition to providing the lowest pricing in Qatar, the books were covered 4.5 times, peaking at $2.35 billion.   Chairman and Managing Director Shaikh Mohammed bin Hamad bin Jassim Al Thani, said: We are very pleased with the success achieved by the issuance of this sukuk which follows alongside significant investor demand. This is yet further evidence of the Qatari economy’s distinguished position.

Ar rayyanStandard chartered bankUnited arab emiratesKhalid al subeaiTradearabia news serviceDukhan bankAdditional tierManaging director shaikh mohammedJassim al thaniSole globalArabia newsஆர் றாய்யான்தரநிலை பட்டய வங்கிஒன்றுபட்டது அரபு அமீரகங்கள்துக்கந் வங்கிஜாஸ்ஸிம் அல் தானி