Islamic Finance

Islamic Development Bank issues 1 bln euros in debut green sukuk


The Islamic Development Bank on Nov 27 raised 1 billion euros in green sukuk.

The Shariah-compliant multilateral bank said in a statement on Nov 28 the 5-year sukuk was priced at a profit rate of 0.037%.

It was raised under IDB’s $25 billion sukuk programme.

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tags:

Sukuk
SDGs