Qatari banks are turning to Asia and Europe for funding after clients from other Arab states pulled billions of dollars from their accounts following ...
In February, shareholders of QIB approved the issue of up to 5 billion riyals of Tier 1 sukuk
The Islamic lender made a net profit of 389.6 million riyals ($107 million) during the three months to June 30
Zain will use the money to meet its “operational and expansion financing needs”
The Qatari bank did not disclose the terms of the purchase
Qatar Islamic Bank (QIB), the Gulf state’s largest sharia-compliant lender by assets, is not expecting to issue more Islamic bonds before 2014, ...
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