Thursday 26, May 2011 by

Islamic Development Bank dual lists $750 million Sukuk in London, Kuala Lumpur

"This transaction is important because it sets a benchmark yield for IDB risk," said Rizwan H. Kanji, a debt capital markets partner with the Middle East and Islamic finance practice of King & Spalding in Dubai, United Arab Emirates. "It also is expected to help re-energize the Sukuk market after a period of relatively low issuance of Sukuk."

Features & Analyses