Digital

QIB raised QR 2 billion Additional Tier 1 Perpetual Sukuk

QP

QIB Press

Digital Desk

Jul 01, 2015 | 8 Minutes

News image featuring head office building.

Qatar Islamic Bank announces that it has raised QAR 2 billion in Basel III compliant Additional Tier 1 Perpetual Sukuk to enhance the Bank’s capital adequacy ratios and to support future business growth. The transaction was completed on 30th June 2015.

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