Thursday 03, April 2014 by Matthew Amlôt

DAMAC offers a $650 million regulation ‘S’ senior unsecured Sukuk

DAMAC Real Estate Development Limited has announced that it has successfully issued a $650 million five year Regulation ‘S’ senior unsecured Sukuk maturing in April 2019, at a profit rate of 4.97 per cent.

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