Mon, Dec 22, 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 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031