PR from IFN: Can EIB Sukuk beat global credit gloom?

(See IFN): Emirates Islamic Bank (EIB), a unit of Emirates NBD (ENBD), has reportedly mandated six banks for the potential sale of a benchmark-sized, US dollar-denominated Sukuk.
This follows news in December 2011 that ENBD decided to shelve its own plans for a five-year Sukuk; with an Islamic bond sale being looked at by EIB instead.

According to reports, EIB has hired HSBC Holdings; Standard Chartered; Citigroup; The Royal Bank of Scotland; Emirates NBD Capital and the National Bank of Abu Dhabi to manage the possible issuance.