Credentials

Citi has been multiple awards for the Asset Triple A Islamic Finance Awards 2018: Islamic Deal of the Year, Best Sukuk, Best Sovereign Sukuk, and best Islamic Deal in Saudi Arabia, Pakistan, Kuwait, and Qatar.

Citi has been awarded the following from The Asset Triple A Islamic Finance Awards 2018:

Islamic Deal of the Year / Best Sukuk / Best Sovereign Sukuk / Best Islamic Deal (Saudi Arabia)

Global coordinator and Book runner– Kingdom of Saudi Arabia US$ 9 billion dual tranche Sukuk

Best Islamic Deal (Pakistan)

Sharia adviser and lead manager – Islamic Republic of Pakistan US$ 1 billion Ijara sukuk

Best Islamic Deal (Kuwait)

Global coordinator, book runner and lead manager– Equate Petrochemical Company US$ 500 million Ijara and Murabaha sukuk

Best Islamic Deal (Qatar)

Arranger and lead manager – Qatar Islamic Bank US$ 750 million trust certificates

Citi Islamic Investment Banks Leadership in the Development of Sharia Compliant Finance Solutions Since 1996

2018

First Basel III Compliant AT1 under new UAE Central Bank Laws

2017

Debut Sukuk for the Kingdom of Saudi Arabia

2014

First African Sukuk

2013

First (1) Airline international, (2) Amortizing and (3) US$ Capacity Based Sukuk,

2012

First Turkish Sovereign Sukuk

2011

First Islamic toll road financing

2011

First 10 year Sovereign Sukuk (Malaysia)

2010

First US$ Turkish Sukuk

2010

First Sukuk Liability Management (RAK)

2009

First US-based Company Sukuk

2008

First Sukuk for a Utility Company

2007

First 10-Year 144A Sukuk

2007

First Islamic financing to use an intangible asset – airtime Minutes

2005

First US$1.0bn Sukuk (Dubai)

2004

First Middle Eastern Sovereign Sukuk

2003

First Supranational to Issue Sukuk

Citi’s Long Standing Expertise in the International Sukuk Markets

Recent Transaction Credentials

Citi’s experience in the Sukuk market includes debut issuances from across regions and sectors, including financial institutions, corporates and sovereigns from the MENA region, and multiple repeat issuers.

Network International Payment Solutions

UAE
Coordinating Bookrunner & MLA
$334mn
March 2019

Emirates Global Aluminum (EGA)

UAE Coordinating Bookrunner & MLA
$6,545mn
January 2019

Investment Corporation of Dubai

UAE
Coordinating
Bookrunner & MLA
$1,200mn
April 2018

ACWA Power

Saudi Arabia
Mandated Lead Arranger
$100mn
April 2018

Kingdom of Saudi Arabia

Saudi Arabia Coordinating
Bookrunner & MLA
$16,000mn
March 2018

EQUATE

Kuwait
Coordinating Bookrunner & MLA
$2,900mn
December 2018