Summary
SPV Name:
FAB Sukuk Company Limited
Notes:
The five-year sukuk was three times oversubscribed with a total order book of around $1.5 billion. The sukuk’s investor base comprised 53% international and 47% from the Middle East and North Africa. The placement to Islamic investors was 76%, according to FAB.
ISIN: XS2282234090
Profit rate:
1.411%
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