DUBAI, May 16 (Reuters) - Islamic Development Bank, a Jeddah-based multilateral institution, has picked eight banks to arrange a series of meetings with fixed income investors ahead of a potential sukuk issue, lead managers said on Thursday.

The AAA-rated bank will host roadshows in the Middle East, Asia and Europe from May 25, with a dollar-denominated benchmark sukuk issue to follow the meetings, subject to market conditions, the document from lead managers said.

Benchmark size transactions are at least $500 million in size.

Banks arranging the meetings are Qatar's Barwa Bank, Credit Agricole CAGR.PA , CIMB CIMB.KL , National Bank of Abu Dhabi

NBAD.AD , Natixis CNAT.PA , NCB Capital - the investment banking arm of Saudi's National Commercial Bank NCMBK.UL , Royal Bank of Scotland RBS.L and Standard Chartered STAN.L .

(Reporting by Rachna Uppal; Writing by David French; Editing by Dinesh Nair)

((davidj.french@thomsonreuters.com)(+971 4 362 5864)(Reuters Messaging: davidj.french.thomsonreuters.com@reuters.net))

Keywords: ISLAMICDEVELOPMENTBANK/SUKUK