Wednesday 11, January 2012 by Isla MacFarlane

Dar Al-Arkan pays $9.2 million in periodic coupon distribution to Sukuk II and Sukuk III holders

The periodic coupon distribution for Sukuk II is based on three Month Libor (0.40306 per cent calculated on 13/10/2011) plus a profit margin of 2.25 per cent. The periodic coupon distribution for Sukuk III is based on three Month Saibor (0.66000 per cent calculated on 15/10/2011) plus a profit margin of four per cent.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more