Qatar International Islamic Bank (QIIB), rated ‘A2’ by Moody’s with a stable outlook and ‘A’ by Fitch Ratings with a stable outlook, announced the successful issuance of a QAR 500 million senior unsecured Sukuk with a 3-year maturity, issued under Regulation S as part of the Bank’s existing US$2 billion Trust Certificate Issuance Programme.

The Sukuk was priced at a fixed profit rate of 4.40% per annum. The issuance was arranged and marketed by a syndicate of leading global and local banks acting as Joint Lead Managers including: Al Rayan Investment LLC, Dukhan Bank, Lesha Banks ,Standard Chartered Bank, and The First Investor.”

To view the Qatar International Islamic Bank Sukuk Program Prospectus, click here

To view the Qatar International Islamic Bank Sukuk Term Sheet, click here