Sunday 11, November 2012 by Robin AmlĂ´t

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.

Features & Analyses

Investment Banking Creating a diverse bond market

In an exclusive mini roundtable, Nabilah Annuar, Banker Middle East Editor, sits down with Michael Grifferty, President of the Gulf… read more