DOHA: Qatar Islamic Bank (QIB), the country’s leading Shariah-compliant banking services provider, announced yesterday that it has raised QR2bn Additional Tier 1 Perpetual Sukuk to enhance the Bank’s capital adequacy ratios in compliance with Basel III norms, and also to support its future business growth strategies. The transaction was completed on September 1, 2016, reports
QNA.
DOHA: Qatar Islamic Bank (QIB), the country’s leading Shariah-compliant banking services provider, announced yesterday that it has raised QR2bn Additional Tier 1 Perpetual Sukuk to enhance the Bank’s capital adequacy ratios in compliance with Basel III norms, and also to support its future business growth strategies. The transaction was completed on September 1, 2016, reports
QNA.
