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

Saudi Hollandi to issue $373 mln sukuk

Posted on 10 September 2012

Saudi Hollandi Bank plans to issue a 1.4 billion riyal ($373 million) private placement sukuk, or Islamic bond, it said in a bourse statement on Sunday.
“Saudi Hollandi Bank’s board of directors approved on September 9 the issuing of sukuk worth 1.4 billion riyals as a private offering to support its capital base by using a sharia compliant structure,” it said………………………………………..Full Article: Source

 
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