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- Dubai 04:17 05:37 12:18 15:45 18:54 20:14
Abu Dhabi Islamic Bank (ADIB) said it had fully paid an $800 million, five-year Islamic bond which matured on December 12, 2011.
The bank, which last month sold a $500 million, five-year Islamic bond, had issued the maturing Sukuk in 2006 as part of a $5 billion trust certificate programme.
“The total amount paid to certificate holders of the 2006 Sukuk is $800 million,” the bank said in a statement late on Monday. ADIB is the second biggest Islamic bank in the UAE.
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