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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Saudi to issue riyal Sukuk early 2012

Posted on 13 December 2011

Paul GambleSaudi Arabia is in talks with banks about issuing a riyal-denominated Islamic bond, or sukuk, five banking sources said.
High-level discussions are currently ongoing between the Saudi Arabian Monetary Agency (Sama) and a number of local and international banks with operations in the kingdom regarding the details, the sources said, with an issue expected as early as the first quarter of next year………………………………………..Full Article: Source

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