UAE: Abu Dhabi Islamic Bank (ADIB) is looking to issue Tier 1 Sukuk as well as conduct a rights issue to raise capital. The bank said in a statement to IFN that an extraordinary general meeting will be held on the 21st June to vote on the proposal. The intended rights issue would raise AED504 million (US$137.21 million) in share capital, while the Tier 1 instruments program would be expanded to US$3 billion from its current approved limit of US$2....