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.