Wed, Oct 1, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Nakheel to pay US$1.63bln in Islamic bonds to contractors

Posted on 17 December 2010

From Thenational.ae: Nakheel, the developer behind Dubai’s palm-shaped islands, will hand over Dh6 billion (US$1.63bn) worth of Islamic bonds to contractors by the end of next month. The move is one way in which Nakheel is trying to pay for work already completed on its ambitious developments, which include the three Palm islands and The World, a man-made archipelago off the coast of Dubai in the shape of a map of the globe.
Nakheel is also behind several residential projects on the western end of Dubai that contain thousands of villas……………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031