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Palestinians lure banks with first Sukuk bills

Posted on 08 December 2010

From Bloomberg: The Palestinian central bank is attracting local banks to its first sale of Islamic bills, part of a plan to jumpstart the Shariah-compliant finance industry.
Palestine Islamic Bank, the largest Shariah-compliant bank in the territories with $364 million of assets, will submit a bid for as much as $10 million, and Arab Islamic Bank said it probably will participate……………………………………….Full Article: Source

 
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