Sunday 11, November 2012 by Robin Amlôt

ADIB confirms success of hybrid perpetual tier 1 Sukuk

Abu Dhabi Islamic Bank (ADIB) has successfully issued the world’s first Shari’ah- compliant hybrid tier 1 Sukuk and the region’s first publically issued perpetual and tier 1 instrument. This strategic transaction marks a key milestone for the global Islamic finance industry and a major and rare innovation by an Islamic bank.

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