ALBARAKA SUKUK LTD 

Five times oversubscribed, receiving subscriptions of US$ 1.6 billion against the initial requirement of US$ 300 million. As a result of the high subscription, it was decided to raise the issue size from US$ 300 million to US$ 400 million.The Sukuk issue is an Additional Tier 1 Perpetual Sukuk that is compliant with Basel III as per the Central Bank of Bahrain rules. 

7.875%

Mudaraba 

$400 million 

USD 

 

Bahrain 

Perpetual 

31 May 2017 

 

Irish Stock Exchange ,  

Arab Banking Corporation ,  Dubai Islamic Bank ,  Emirates NBD ,  Kuwait Finance House ,  Noor Bank ,  Qinvest ,  Standard Chartered ,