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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Emirates fully repays sukuk

Posted on 20 June 2012

Emirates, the world’s third-largest airline, announced on Monday that it has fully repaid a $550 million sukuk bond on its maturity date - June 18 - and hinted that Islamic financing would continue to play a key role for the fast-growing carrier moving forward.
The Dubai-based airline, which launched the world’s first airline sukuk - also known as Islamic bond - seven years ago, reflects its strong financial position with its on-time repayment of the sukuk ………………………………………..Full Article: Source

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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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