Power List of Sukuk and Islamic Finance.
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Citi’s Global Islamic Banking operations were established in 1981 in London, and in 1996 Citi became the first international financial institution to set up a separately capitalized Sharia-compliant subsidiary – Citi Islamic Investment Bank – in Bahrain.
Citi Islamic Investment Bank (CIIB) has played a pioneering and leading role in the development of Islamic finance globally, having arranged the origination, structuring and distribution of numerous landmark Sukuk, syndications, project financings, Islamic advisory and investment products.
CIIB has its own Sharia board and won Euromoney Best Sukuk Deal, Republic of Turkey Sukuk Islamic Finance Awards (2013).
Citi Islamic Investment Bank
Order books closed in excess of $1 billion. Tier one
2x oversubscribed. The issue attracted investment fr
3.1 times oversubscribed. ISIN 144A: US71567PAE07 P
Orders for 3.1 times the amount offered. Perusahaan
The Sukuk was issued at par with a profit rate of 2.
Order Book: $2.1 billion (4.3 times oversubscription