"You'll see issuance of sukuk in the first quarter of 2017 around $300 million, and we are talking to some banks" about arranging it, Adnan Ahmed Yousef told reporters on the sidelines of an Islamic banking conference.
Yousef added that the issue would enhance the bank's core Tier 1 capital.
(Reporting by Reem Shamseddine; Writing by David French; Editing by Andrew Torchia) ((firstname.lastname@example.org; +971 4 362 5864; Reuters Messaging: email@example.com))
© Copyright Zawya. All Rights Reserved.