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IDB to issue around US$750 mln - US$1 bln Sukuk

Posted on 11 May 2012

The Islamic Development Bank (IDB) is likely to raise around US$750 million -US$1 billion through a sukuk issuance to finance projects for its member countries.
“The exact amount will be decided soon and we will make an announcement next month,” its president Tan Sri Ahmad Mohamed Ali told Bernama on the sidelines of the Malaysia-IDB Group Investment Forum here Thursday………………………………………..Full Article: Source

 
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