Wednesday 30, April 2008 by

Tabreed announces final terms for Sukuk

Tabreed has announced the final terms for its AED 1.5 billion ($408 million) fixed rate Shari’ah compliant mandatory exchangeable trust certificates, or Sukuk, due 2011. The issue is subject to an increase option of up to $54.4 million for the benefit of Morgan Stanley, exerciseable prior to 17.00 London time on 12 May, 2008.

Features & Analyses

Commercial Banking Banking—creatively disrupted

Sanjeev Kumar, Group CEO, M Holdings Limited, discusses how Bank M became a top bank in Tanzania and why it is now taking its offering… read more