Al Hilal Bank plans to issue $1bn of sukuk

The Islamic bank looks to to launch at least US$1 billion (Dh3.67bn) of sukuk before the end of the year. The bank is hoping that this will help it to build a track record among international credit markets for future bond sales.
Details were not revealed, therefor it is not know where the sukuk might be listed or which will be the total size of the sukuk programme.

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