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

Islamic Development Bank plans up to $1 bln sukuk

Posted on 10 May 2012

Ahmed Mohamed AliThe Islamic Development Bank plans to raise up to $1 billion by issuing a sukuk, a spokesman for the bank told Reuters on Wednesday.
Asked about media reports quoting IDB president Ahmad Mohamed Ali as saying the Jeddah-based multinational lender plans to raise between $500 million and $1 billion through a sukuk, the spokesman said: “That’s true.”……………………………………….Full Article: Source

 
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