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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Gulf Investment Corp launches $164 mln Sukuk

Posted on 17 February 2011

From Reuters: Kuwait-based Gulf Investment Corporation (GIC) has launched a 500 million ringgit ($164 million) sukuk issue in Malaysia as part of an existing funding programme, one of a growing number of Middle East issuers to seek alternative sources of funding.
GIC, which was set up to drive private enterprise and economic growth in the Gulf region, had earlier established a 3.5 billion ringgit sukuk programme in the Southeast Asian country……………………………………….Full Article: Source

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