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Dubai’s Tamweel eyes sukuk market return; plans roadshows

Posted on 19 June 2012

Dubai-based Islamic mortgage lender Tamweel has picked three banks to arrange investor meetings ahead of a possible asset-backed dollar Islamic bond, or sukuk, arrangers said on Monday.
A potential issue would be the second for Tamweel this year. The lender, a unit of Dubai Islamic Bank, last tapped global debt markets with a $300 million 5-year sukuk in January, fully-guaranteed by its parent………………………………………..Full Article: Source

 
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