Qatar Islamic Bank ‘Al Masraf’ Increases Its USD Sukuk Issue from 650 Million to 800 Million
22 January 2020
Qatar Islamic Bank (Al Masraf) announced that it has increased its recent issue of Formosa Sukuk from USD 650 million to USD 800 million. This comes in the context of the Bank’s program for the issuance of Sukuk denominated in USD worth 400 million. The Sukuk issue is to be listed in Taipei and Irish Exchanges subsequent to the high demand by investors.