Public and Private Sukuk Deals as IILM Issues this week

The Bahrain sukuk was arranged by Noor Bank, Bank ABC and Kuwait Finance House last week.

Details of Ezdan Holdings $500 million Wakala sukuk can be found on the Sukuk database, as well as Boubyan Bank’s perpetual sukuk issued for $250 million at a profit rate of 6.75%.

In Saudi Arabia, Al Bayan Group Holding Company raised US$50 million in a privately placed sukuk whilst Dubai based Emirates Islamic Bank, and DP Word have announced intentions to issue sukuk shortly.