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.

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