The International Islamic Bank Begins a Tour of
Series Meetings with
Investors Involving a Number of Countries
06 November 2019
International Islamic Bank has announced the start of a tour to East
Asian countries and the United Kingdom to hold a series of
meetings with investors. The Bank explained that it has
appointed Barwa Bank, Kuwait International Bank, QInvest, QNB
Capital and Standard Chartered Bank as lead managers for its
forthcoming issue.
Depending on the prevailing market conditions, this may be followed
by the issuance of unclassified permanent US dollar sukuk but
qualified to be listed under Tier-1 capital at a fixed standard
price.
The International Islamic is counting on the strong performance and
growth ratios achieved by the Qatari economy, which are
considered the best in the region for a successful new issuance
of sukuk, which will assist the bank to strengthen its financial
position and implement its future strategies.
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