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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Sudan eyes up to $1.5bln with Pipeline-backed Sukuk

Posted on 21 March 2012

Sudan aims to raise $1 billion to $1.5 billion this year with Islamic “sukuk” bonds that offer stakes in an oil pipeline, a move the African country hopes will draw more Gulf Arab investment to its debt market, a senior official said.
Sudan Financial Services Company, which issues Islamic bonds on behalf of the government, wants to offer the dollar-denominated sukuk within two months, General Manager Azhari Eltayeb Elfaki told Reuters………………………………………..Full Article: Source

 
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