News
05 December 2019

IsDB launches €1bn Green Sukuk

Region:
Middle East & Africa

The Islamic Development Bank (IsDB) has priced its first-ever Green Sukuk worth €1 billion. The lender raised €1 billion in five-year Trust Certificates under its $25 billion Trust Certificate Issuance Programme. The Sukuk was priced at par with a profit rate of 0.037%, to be payable...

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