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    Lovells advises on supranational Sukuk for IFC, World Bank Group
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    Given the quality of IFC's Aaa credit, and IFC's credentials as a member of the World Bank Group, it is a landmark transaction which will help develop the nascent Sukuk market. "The Sukuk is an innovative way for IFC to create opportunities for Islamic investors who want to make a positive social impact ... It also supports the World Bank Group's goals to integrate the Arab world into the global economy and offer greater opportunities for its people." The joint lead managers for IFC's inaugural GCC Sukuk were HSBC Amanah, Dubai Islamic Bank, Kuwait Finance House Bahrain, and Liquidity Management House. Full Article at AME Info
    The Sukuk is an innovative way for IFC to create opportunities for Islamic investors who want to make a positive social impact ... It also supports the World Bank Group's goals to integrate the Arab world into the global economy and offer greater opportunities for its people.
    View articles, topics, and photos related to this quote – Lars H. Thunell SOURCE: AME Info 1 month ago
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Lovells advises on supranational Sukuk for IFC, World Bank Group
  1. We are grateful to the Shariah scholars, our partners at the Dubai and Bahrain exchanges, and the syndicate for guiding us through this complex process, and hope that the model will facilitate the process for other issuers to enter the Sukuk market
    SOURCE: AME Info 1 month ago

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