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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Bahrain’s Elaf Bank has Sukuk mandates worth $1.5 bln

Posted on 11 October 2011

Jamil JaroudiBahrain-based Islamic investment bank Elaf Bank has secured sharia-compliant bond mandates worth at least $1.5 billion from three Malaysian firms, its chief executive said.
The Islamic bonds, or sukuk, are being planned for the first quarter of 2012, Jamil Jaroudi said. “We have mandates from three Malaysian corporates to issue sukuks in the Malaysian market,” said Jaroudi……………………………………….Full Article: Source

 
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