Business

ZAWYA-NEWS: Qatar Islamic Bank mandates banks for potential USD sukuk issuance

ZAWYA-NEWS: Qatar Islamic Bank mandates banks for potential USD sukuk issuance

Qatar Islamic BankFebruary 25, 20264
ZAWYA-NEWS: Qatar Islamic Bank mandates banks for potential USD sukuk issuance

About this update from Qatar Islamic Bank

Staff WriterQatar Islamic Bank (QIB), rated A1 by Moody’s (stable outlook) and A by Fitch (stable outlook), has mandated banks to arrange a series of fixed income investor calls on Wednesday, 25 February 2026.A USD‑denominated, Regulation S‑only, 5‑year benchmark fixed‑rate senior unsecured Sukuk offering, to be issued by QIB Sukuk Ltd. under its $5 billion Trust Certificate Issuance Programme is expected to follow, subject to market conditions.Abu Dhabi Islamic Bank, Bank ABC, Citi, Dubai Islamic Bank, Dukhan Bank, Emirates NBD Capital, KFH Capital, Mashreq, MUFG, Q Invest, QNB Capital, Standard Chartered Bank, The Islamic Corporation for the Development of the Private Sector and Warba Bank are the joint lead managers and joint bookrunners.QIB is the largest Islamic bank in Qatar with total assets of QAR 221 billion ($61 billion). Qatar Holding LLC, the investment arm of Qatar Investment Authority, is the largest single shareholder with a 16.5% stake. Writing by Brinda Darasha; editing by Daniel Luiz)[email protected]: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

View stock analysis, news, and events for Qatar Islamic Bank