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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Emerging Trends more

Emaar sees demand for sukuk in boost for Dubai

Posted on 13 July 2012

Emaar Properties saw strong demand for a $500 million seven-year Islamic bond, or sukuk, priced on Thursday, arranging banks said, in the latest sign that investor confidence in Dubai is returning as state-owned firms repay their debts.
Orders worth $4.65 billion were placed for the sukuk from 185 individual investors, according to statistics provided by the lead banks………………………………………..Full Article: Source

 
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