Qatar Exchange | Qatar International Islamic Bank | Qatar International Islamic Bank (QIIB) Issues US$ 5-year RegS -Senior Unsecured Sukuk

 

Qatar International Islamic Bank (QIIB), rated ‘A2’ by Moody’s with a stable outlook and ‘A’ by Fitch Ratings with a stable outlook, announced the successful issuance of a US$500 million senior unsecured Sukuk with a five-year maturity, issued under Regulation S as part of the Bank’s existing US$2 billion Trust Certificate Issuance Programme.The transaction attracted strong demand from regional and international investors, with total orders exceeding US$2 billion—more than four times the issue size.This remarkable demand underscores investor confidence in QIIB and reflects the continued strength and resilience of Qatar’s economy, which continues to offer attractive investment opportunities across diverse sectors.The Sukuk were priced at a profit rate of 85 basis points above the five-year U.S. Treasury rate, with a final yield of 4.548% per annum—one of the most competitive pricing levels achieved by Islamic financial institutions for similar issuances. Notably, allocations to investors outside the GCC exceeded 49% of the transaction.The issuance was arranged and marketed by a syndicate of leading global and regional banks acting as Joint Lead Managers and Joint Bookrunners, including: Al Rayan Investment LLC, ABC Bank, Citi, Dubai Islamic Bank, Dukhan Bank, Emirates NBD Capital, HSBC, Mashreq, QNB Capital, Standard Chartered Bank, ICBC, and The First Investor.

Regional Markets indices ()

Name Last Change (%) Value
Abu Dhabi 10,075.12 0.51 1,123,649,474
Dubai 6,024.80 0.05 834,788,513
Saudi 11,214.07 0.78 2,031,757,730
Kuwait 9,448.12 0.15 50,969,704
Qatar 11,047.84 0.1 209,632,555
Muscat 5,555.18 0.2 28,371,419
Bahrain 2,075.34 0.16 1,302,380
Egypt 40,693.61 1.86 1,267,203,560
Amman 3,354.48 0.49 10,100,526
Palestine 600.10 0.11 1,232,647

Commodities

Name Last update Closing Price Change %
Brent Nov-07 63.63 0.39
Natural Gas Nov-07 4.32 0.96
Gold Nov-07 4,001.13 0.6
Silver Nov-07 48.33 0.64
Platinum Aug-14 1,357.20 1.09
Nymex Light Nov-07 59.75 0.54

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 46,797.03 46,987.10 0.16
Nasdaq 22,892.92 23,004.54 0.21
S&P 500 6,696.18 6,728.80 0.13
Name Opening price Closing Price Change%
Frankfurt 23,801.97 23,569.96 0.69
Paris 7,986.07 7,950.18 0.18
London 9,735.80 9,682.60 0.55
Stockholm 1,011.62 1,004.78 0.3
Switzerland 12,315.34 12,298.35 0
Name Opening price Closing Price Change%
Shanghai 3,994.32 3,997.56 0.25
Hong Kong 26,350.74 26,241.83 0.92
Jakarta 8,346.58 8,394.59 0.69
Tokyo 50,524.31 50,276.37 1.19

Currency

Name Rate Last update
EURO/USD 1.156 Nov-07
GBP/USD 1.316 Nov-07
USD/JPY 153.517 Nov-07
USD/CHF 0.805 Nov-07