Post by congregatio on Jun 4, 2015 9:13:00 GMT 4
Shareholders of Qatar's Barwa Bank IPO-BABK.QA approved plans for a $2 billion senior unsecured sukuk programme that could be issued in various currencies, the lender said in a statement on Tuesday.
The Islamic bank did not specify a timeframe or size for a potential debut deal.
It also received approval to pay a cash dividend of 10 percent to shareholders, the statement said
The Islamic bank did not specify a timeframe or size for a potential debut deal.
It also received approval to pay a cash dividend of 10 percent to shareholders, the statement said