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Arrangement for issuance of USD Sukuk under Qatar Islamic Bank's (QIB) USD Sukuk programme
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Arrangement for issuance of USD Sukuk under Qatar Islamic Bank's (QIB) USD Sukuk programme

13/03/2019, Doha,Qatar

Arrangement for issuance of USD Sukuk under Qatar Islamic Bank's (QIB) USD Sukuk programme

Qatar Islamic Bank (QIB), rated A1 by Moody’s, A- by S&P, A by Fitch (all stable), the largest Islamic bank and second largest bank in Qatar by total assets, has mandated Barclays, Boubyan Bank, Crédit Agricole CIB, QInvest, QNB Capital and Standard Chartered Bank as Joint Lead Managers and Joint Bookrunners to arrange a series of fixed income investor meetings in Singapore, Hong Kong and London, commencing on 14 March 2019. A benchmark fixed rate USD Regulation S 5-year Senior Unsecured Sukuk offering under QIB’s U.S.$4,000,000,000 Trust Certificate Issuance Programme will follow subject to market conditions. FCA/ ICMA stabilisation applies.

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