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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Saudi investors warm to Goldman Sukuk

Posted on 21 February 2012

Saudi investors are warming to a sale of $2 billion of Islamic bonds by U.S. investment bank Goldman Sachs, banking sources told Reuters, lending support to a sukuk which has run into controversy over whether it complied with Islamic principles.
The bank has also been criticised for naming at least three Islamic scholars as potential advisers on the sukuk even though none had seen the prospectus………………………………………..Full Article: Source

 
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