30/01/2018 18:54 AST

Dubai Islamic Bank, the largest Islamic bank in the United Arab Emirates, has given initial price guidance for its planned U.S. dollar-denominated sukuk in the range of 130 basis points over mid-swaps, sources familiar with the matter said.

The potential five-year Islamic bond, part of the bank's $5 billion sukuk programme, is expected to price on Tuesday.

Bank ABC, Dubai Islamic Bank, First Abu Dhabi Bank, HSBC, JP Morgan, KFH Capital, Sharjah Islamic Bank and Standard Chartered Bank have been hired as joint lead managers and bookrunners for the deal.

Sources told Reuters this month that the bank was expected to raise around $750 million through the debt sale.


Reuters

DIB posts record Dh9.7 billion revenue as assets near Dh400 billion

29/10/2025

DIB, the UAE's largest Islamic lender, reported its strongest-ever performance for the first nine months of 2025, with revenues reaching Dh9.7 billion and pre-tax profits rising 10% year-on-year to D

Gulfnews

DIB reports robust H1, balance sheet tops $100bn

06/08/2025

Dubai Islamic Bank (DIB) reported another robust performance in the first half of 2025, with operating revenue of AED6.4 billion ($1.74 billion), driving a 16% YoY increase in pre-tax profit to AED4.

Trade Arabia

Turkish Airlines seals landmark A350 finance deal with DIB

29/07/2025

Turkish Airlines, the national flag carrier of Türkiye, said it has successfully executed an innovative financing transaction for an Airbus A350 aircraft with Dubai Islamic Bank (DIB).

The

Trade Arabia

Ticker Price Volume
DIB Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
IHC 399.50 0.00 (0.00%)
FAB 16.50 0.10 (0.60%)
EMIRATESNBD 26.15 0.90 (3.56%)
INVESTB 0.45 0.00 (0.00%)
ADCB 14.84 0.10 (0.67%)
QIIB lists 1st Islamic sukuk in QSE history

18/12/2025

Qatar International Islamic Bank (QIIB) listed its sukuk on the Qatar Stock Exchange (QSE) Wednesday, marking a landmark milestone as the first Islamic sukuk to be traded in the QSE's history.

Gulf Times

stc signs five-year deal with Ericsson to advance Saudi digital infrastructure

18/12/2025

stc Group, a leading digital enabler in Saudi Arabia, has signed a new five-year master frame agreement (MFA) with Ericsson to accelerate the delivery of advanced digital infrastructure and boost tec

Trade Arabia

Tabreed, Sparklo join forces to boost UAE's recycling infrastructure

18/12/2025

Tabreed, the world's leading district cooling company, has announced a new sustainability partnership with Sparklo, a UAE-based cleantech company building smart recycling infrastructure.

Th

Trade Arabia

Action Energy Company completes listing on Boursa Kuwait

18/12/2025

Action Energy Company (AEC), a leading Kuwaiti onshore drilling and oilfield services provider, said it has successfully commenced trading on Boursa Kuwait's Premier Market following the completion o

Trade Arabia

Gulf Bank celebrates graduation of the first cohort of its Risk Academy

17/12/2025

Gulf Bank announced the graduation of the first cohort of its Risk Management Academy, launched in collaboration with Gulf University for Science and Technology (GUST), marking a step that reflects t

Kuwait Times