DUBAI- Dubai Islamic Bank, the largest Islamic bank in the United Arab Emirates, is set to raise $750 million via a 5-year sukuk, or Islamic bonds, a document showed on Thursday.

The transaction received orders of around $2 billion, including $433 million from the banks working on the deal, according to the document.

The sukuk offer investors 140 basis points over midswaps, according to the document.

(Reporting by Davide Barbuscia; Writing by Hadeel Al Sayegh; Editing by Mark Potter) ((Hadeel.AlSayegh@thomsonreuters.com; +971566883310;))