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Sukuk.com is a leading provider of in-depth coverage of issued Sukuk covering information on Issuers and Arrangers, as well as detailed Sukuk information covering everything from Coupon Rate to Credit Rating as well as other supporting documentation.

Abu Dhabi Islamic Bank 2018

Summary
SPV Name:
ADIB CAPITAL INVEST 1 LTD 

Notes:
Trustee: Sharjah Islamic Bank (SIB) ISIN: XS0851081660 • The world’s first Shariah-compliant hybrid Tier 1 Sukuk • The first publically issued perpetual and Tier 1 instrument in the GCC • The first Basel III-compliant deal out of the UAE • Order book of USD15.5 billion in 330 orders, from an initial benchmark of just USD500 million, marking an oversubscription of 30 times • Priced at an expected profit rate of 6.375%, one of the lowest rates achieved for any perpetual instrument by a global bank. 


Profit rate:
6.375%
 
Download Documents:
 
Sukuk Details
Type:
Mudaraba 

Issue Size:
$1000,000,000 ($1 Billion) 

Currency:
USD 

Maturity:
16 October 2018 

Country of Issue:
United Arab Emirates 

Tenor:
72 Months 
Issue Date:
19 November 2012 
Sukuk Rating:
Moodys/S&P/Fitch: A2/—/A+ 
Exchanges:
Arrangers:
Advisors:
 
 
 

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