Energy Bank will be "the biggest Islamic bank of its kind in the world, offering funding for energy projects worldwide: chairman
Sharia-compliant REIT plans to invest $55-65 mln in acquiring alternative assets in the industrial and healthcare sectors
The buyback has slashed the size of the sukuk from $530 million to $397 million
Its subsidiary filed a lawsuit in November against the U.S. bank and others to recover losses suffered through its dealings with Malaysian state fund 1MDB.
Non-financial corporates raise $15.6billion, $1.8billion of which was raised by new market entrants
The company mandated HSBC Saudi Arabia as sole lead manager and bookrunner of the sukuk programme.