Wednesday 23 July 2014
Qatar International Islamic Bank

Qatar's QIIB eyes $500m dollar sukuk

Qatar International Islamic Bank plans to issue a benchmark-sized, five-year dollar sukuk, arranging banks said on Wednesday. Benchmark-sized is normally understood to mean at least $500 million. Early price talk for the sukuk was


Top Qatari bank gets stable outlook

Fitch Ratings has assigned Qatar International Islamic Bank (QIIB) a long-term foreign currency Issuer Default Rating (IDR) of 'A-' with a stable outlook. The agency also gave the bank a short-term IDR of 'F2', Individual Rating of 'C/D',


QIIB to buy out Islamic Bank of Britain

Qatar International Islamic Bank (QIIB) has agreed to acquire full control of the Islamic Bank of Britain (IBB) as part of QIIB's plans to develop an international banking business compliant with Sharia laws. The deal values the Britis


QIIB sees Islamic bond sale this year

Qatar International Islamic Bank (QIIB) may issue an Islamic bond in 2011 after receiving shareholder approval for sukuk issuance last week, the bank's deputy chief executive said on Monday. 'The issue is probably going to happen i


QIIB eyes $80pc stake in UK bank

Qatar International Islamic Bank (QIIB) has committed £20 million ($31 million) capital injection to Islamic Bank of Britain (IBB), taking QIIB’s stake in the bank to over 80 per cent. The additional capital will allow IBB to leverage its


QIA to buy Qatar International shares this week

Qatar International Islamic Bank said on Wednesday the Gulf state's sovereign wealth fund would begin buying shares in the lender this week and would take 10 per cent of its share capital by the end of 2009. In October, the Qatar Investmen

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