Mubasher: Bahrain-listed Bank ABC, incorporated as Arab Banking Corporation, will take part in issuing dollar-denominated sukuk for Dubai Islamic Bank (DIB), according to a bourse filing.

DIB mandated Bank ABC, DIB, Emirates Islamic Bank, HSBC, NBAD, Sharjah Islamic and Standard Chartered to arrange fixed income investor meetings in London on March 21, Reuters reported last Thursday.

The meetings may be followed by the issuance a dollar-dominared Reg S senior sukuk under DIB's $2.5 billion sukuk programme.