Wednesday 02, July 2014 by Matthew Amlôt

Al Hilal Bank offers $500 million additional Tier 1 Sukuk capital

Al Hilal Bank has successfully priced $500 million Perpetual Additional Tier 1 Sukuk certificates, marking the first Tier 1 issuance out of the Middle East since May 2013. The transaction, which was nine times oversubscribed, drew demand worth $4.5 billion from over 200 investors.

Features & Analyses

Islamic Finance The path forward

After years of milestones, Islamic finance in Dubai and beyond still has work to do, writes Abdulla Mohammed Al Awar, CEO of DIEDC read more