Qatar International
Islamic Bank (QIIB) Announces a Successful Issuance of US$ 300
Million Tier 1 Capital Sukuk.
14 November 2019
His Excellency Sheikh Dr. Khalid Bin
Thani Bin Abdullah Al Thani, Chairman and Managing Director of
QIIB expressed the Bank’s satisfaction for the great success
achieved in the issuance of US$ 300 million Tier 1 capital
Sukuk. The underwriting was oversubscribed 9 times over the
original issue exceeding US$ 2.6 billion. Sheikh Khalid Al Thani
emphasized that this success is mainly attributed to the robust
Qatari economy which enjoys a tremendous confidence worldwide
and to the distinctive Qatar Central Bank management in
supervising the Banking sector. This Sukuk issue will be listed
on London Stock Exchange.
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