Friday 16, May 2008 by

Al Khaliji joint lead manager on $164 million Sukuk

Qatar-based bank Al Khaliji has completed a new Islamic banking transaction, acting as joint lead manager in a Sukuk issue for the Almana Group, one of the largest business houses in Qatar. The AED 600 million ($164 million) issue, priced at a spread of 250 basis points over Eibor, is one of the first non-dollar corporate Sukuk issued from Qatar and is listed on the DIFX.

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