Mubasher: Qatar International Islamic Bank (QIIB) on Monday announced starting a roadshow for meeting investors in the UK and East Asian countries as part of its previously-established sukuk programme.

QIIB mandated Khaleeji Commercial Bank (KHCB), Barwa Bank, Boubyan Bank, Barclays, Maybank, QNB Capital, and Standard Chartered as joint leader managers of its upcoming sukuk issue, according to the Qatari lender’s statement to the Qatar Stock Exchange (QSE) on Monday.

This came as part of the $2 billion sukuk programme previously approved by QIIB’s board of directors and general meeting and ratified by the supervisory bodies in Qatar and UK.

The Qatari lender’s profits rose 6% to QAR 882.14 million in 2018, compared to QAR 832.21 million in the prior year.

By 11:00 am Qatar time, QIIB’s stock grew 0.15% to QAR 67.