Commentary & Deal Flow

Ajman Bank PJSC, the first Islamic Bank incorporated and headquartered in the Emirate of Ajman, (country: AE) rated BBB+ by Fitch (stable outlook), has mandated ASB Capital, Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, J.P. Morgan, Mashreq, Morgan Stanley, Standard Chartered Bank and Warba Bank as Joint Lead Managers and Joint Bookrunners to arrange a series of fixed income investor calls as well as a global investor call commencing on Monday 6-Jul-26.

A US$-denominated, unrated, Reg S, perpetual non-call 5.5-year Fixed Rate Resettable Additional Tier 1 Capital Sukuk offering will follow, subject to market conditions.