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Majid Al Futtaim plans Sukuk by end-November

Posted on 21 November 2011

Dubai-based shopping mall developer Majid Al Futtaim (MAF) is aiming to raise between $350 million and $500 million in a five-year dollar-denominated Islamic bond, or sukuk, by the end of November, a senior official said.
The company appointed HSBC and Standard Chartered to structure its planned sukuk programme, sources told Reuters last month………………………………………..Full Article: Source

 
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