The President of the Islamic Development Bank (IsDB) said that the lender will raise around $2 billion through multiple Sukuk issuances in 2019, reported Reuters.
Bandar Hajjar, the President of IsDB, said that this is the bank’s breakthrough Sukuk plan.
Currently, the bank operates in 57 countries.
Last year, the lender sold over EUR 600 million in its first euro-dominated bond.
Source Islamic Business&Finance