Dubai Islamic Bank closes landmark $1bn Sukuk

Nigeria News News

Dubai Islamic Bank closes landmark $1bn Sukuk
Nigeria Latest News,Nigeria Headlines
  • 📰 Daily Trust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Dubai Islamic Bank (DIB), the largest Sharia-compliant lender in the UAE, closed a $1 billion (Dh3.67bn) 5-year sukuk with a profit rate of 2.95 per cent despite a challenging global environment du…

Dubai Islamic Bank , the largest Sharia-compliant lender in the UAE, closed a $1 billion 5-year sukuk with a profit rate of 2.95 per cent despite a challenging global environment due to the coronavirus pandemic.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Daily Trust /  🏆 13. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hushpuppi: Nigerians react to reported arrest of Instagram celebrity in Dubai - Daily Post NigeriaHushpuppi: Nigerians react to reported arrest of Instagram celebrity in Dubai - Daily Post NigeriaInterpol has reportedly arrested popular Nigerian Instagram celebrity, Raymond Igbalodely also known as Hushpuppi. Hushpuppi was arrested in the early
Read more »

Hushpuppi: Nigerians react to reported arrest of Instagram celebrity in Dubai - Daily Post NigeriaHushpuppi: Nigerians react to reported arrest of Instagram celebrity in Dubai - Daily Post NigeriaInterpol has reportedly arrested popular Nigerian Instagram celebrity, Raymond Igbalodely also known as Hushpuppi. Hushpuppi was arrested in the early
Read more »

Wema Bank resumes normal services - The Nation Nigeria NewsWema Bank resumes normal services - The Nation Nigeria NewsThe Managing Director/CEO Wema Bank Plc, Ademola Adebise, has reiterated the bank’s commitment to the health and safety of its staff, and customers.
Read more »

COVID-19: Consult us, don’t give us orders, clerics tell El-Rufa’iCOVID-19: Consult us, don’t give us orders, clerics tell El-Rufa’iIslamic clerics from different sects under the auspices of the United Muslim Foundation (UMS), on Thursday converged in Zaria to review the conditions attached to the lifting of lockdown in Kaduna state. Read more:
Read more »

Reps meet Security Chiefs behind closed doors, embark on two weeks holiday - Daily Post NigeriaReps meet Security Chiefs behind closed doors, embark on two weeks holiday - Daily Post NigeriaThe House of Representatives on Thursday, shortly before embarking on a two weeks holiday, met with Security Chiefs behind closed doors to discuss the
Read more »

COVID-19: Ekiti churches, mosques remain closed, Fayemi insistsCOVID-19: Ekiti churches, mosques remain closed, Fayemi insists
Read more »



Render Time: 2025-04-09 08:39:51