DIB Tier 1 Sukuk 3 Ltd is a London-based special purpose vehicle established under Dubai Islamic Bank (DIB) to facilitate Islamic financing through sukuk issuance. The company aims to provide investors with access to Sharia-compliant investment opportunities, reflecting DIB's commitment to ethical financing practices.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DIBUH 6.25% Perpetual USDDIB Tier 1 Sukuk 3 Ltd | Cayman Islands | Perpetual | 6.250 | 7.72 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, DIB Tier 1 Sukuk 3 Ltd has successfully issued several sukuk, with notable transactions including its debut sukuk issuance in 2018, which raised $750 million. The issuer specializes in offering Tier 1 capital-raising instruments with attractive yields, often competitive within the fixed-income market, reflecting the increasing demand for Islamic financial products. Recent market trends indicate yields for their sukuk have remained stable, aided by investor appetite and the growing recognition of sukuk as viable investment vehicles in the global bond market.