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

Islamic Development Bank plans dollar-denominated Sukuk issue

Posted on 13 May 2011

The Islamic Development Bank, or IsDB, is planning to launch a dollar-denominated sukuk, one of the banks running the sale said Thursday. A sukuk is a bond that complies with Sharia, the Islamic religious law.
The sukuk is expected to be launched, subject to market conditions, following the completion of its fixed income investor meetings in the Middle East, Asia and Europe………………………………………Full Article: Source

 
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