ADIB raises $750 million in a US dollar denominated tier-one perpetual sukuk

Abu Dhabi Islamic Bank (ADIB) announced today that it has successfully raised US$750 million in the world’s first dollar denominated additional tier-one (AT1) perpetual sukuk issued since March 2023.ADIB, which is rated A2 by Moody’s and A+ by Fitch, in each case with a stable outlook, priced the perpe...