The Islamic Corporation for the Development of the Private Sector appoints Law Debenture as delegate for new sukuk bond
13 April 2016
Hilal Services Limited
USD 300,000,000 Trust Certificates Due 2021
Law Debenture has been appointed delegate of this new sukuk by Hilal Services Limited which is a special purpose subsidiary set up by The Islamic Corporation for the Development of the Private Sector ("ICD") under its Trust Certificate Issuance Programme. ICD is a subsidiary of the Islamic Development Bank for whom Law Debenture also acts as delegate on its trust certificate programme.