RSS
Saudi Arabia’s Almarai Co has received shareholder approval for its planned Islamic bond sale, the dairy firm said in a statement on Sunday.
The approval was obtained at an extraordinary general assembly meeting on Saturday, the bourse statement said. Last month, Almarai had said it was planning a sukuk issue and was seeking shareholder approval………………………………………..Full Article: Source
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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more
Saudi Almarai gets approval for Islamic bond sale
| Posted on 21 November 2011 |
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