Posted on May 11, 2017

Qatar Islamic Bank (QIB) has mandated Citi, Emirates NBD Capital, HSBC, Noor Bank, Qinvest and Standard Chartered Bank as Joint Lead Managers to arrange global fixed income investor calls and meetings in London, commencing on 15 May 2017.

A benchmark USD Regulation S 5-year Senior Unsecured Sukuk offering under the existing QIB Sukuk Ltd U.S.$3,000,000,000 Trust Certificate Issuance Programme will follow subject to market conditions, a press release issued by QIB and posted on Qatar Stock Exchange website said. Qatar Islamic Bank was the first Islamic bank to start operating in the country in 1982. QIB conducts its domestic business through a modern branch network spread throughout Qatar with key branches featuring distinctive centers with specialized relationship managers focused on servicing specific customer segments.