The Islamic Corporation for the Development of the Private Sector appoints Law Debenture Trust (Asia) Limited as delegate for new sukuk bond

12 May 2016

ICD Private Sukuk Limited

USD 350,000,000 Trust Certificates Due 2024

Law Debenture Trust (Asia) Limited has been appointed delegate of this new sukuk by ICD Private Sukuk Limited which is a special purpose subsidiary set up by The Islamic Corporation for the Development of the Private Sector ("ICD").  

The Law Debenture Trust Corporation p.l.c. in addition acts as delegate for Hilal Services Limited 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 London also acts as delegate on its Trust Certificate Programme.
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