Back
Listed
Sukuk
Mudarabah
Dubai Islamic Bank Additional Tier 1 Sukuk
Dubai Islamic Bank · United Arab Emirates
Perpetual non-call five Additional Tier 1 sukuk qualifying as regulatory capital.
Key terms
- Issuer profile
- Dubai Islamic Bank
- ISIN
- XS2542173330
- Structure
- Mudarabah
- Issue size
- $750M
- Ccy
- USD
- Minimum investment
- $200,000
- Payment frequency
- semi-annual
- Listing venue
- Euronext Dublin
- Governing law
- English law
Pricing
- Profit rate
- 6.25% (fixed)
- Indicative price
- 102.30
- Yield to maturity
- 5.85%
- Spread
- 210 bps
- Ratings
- BB+
Key dates
- Issue date
- 17 Jan 2024
- Maturity date
- Perpetual
- Tenor
- —
Shariah information
- Shariah advisor
- DIB Internal Shariah Supervisory Committee
- AAOIFI aligned
- ✓
- Underlying asset
- Mudarabah in the bank's general business
- Use of proceeds
- Regulatory capital