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Source:
أخبار الخليج
Source: أخبار الخليج
1 Dayأخبار الخليج
Source: أخبار الخليج
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ASB Capital announced the appointment of its Co-Head and Head of the Shelf Registration for the first issuance of additional Tier 1 (AT1) sukuk for Ajman Bank, valued at USD 300 million. The issuance includes perpetual non-callable sukuk with a non-call period of 5.5 years, aimed at strengthening the bank’s presence in global markets for this type of financial instrument. This deal is part of the company's efforts to enhance its presence in Gulf capital markets and support regional financial institutions, having participated in similar issuances for banks such as Dubai Islamic Bank and National Commercial Bank, reflecting increasing investor confidence in the region. The success of these transactions underscores ASB Capital’s strategy to build a leading investment platform and expand its international investor base.
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