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DIB to buy back $50.6m of sukuk

Posted on 21 May 2009

From Gulfnews.com: Dubai Islamic Bank (DIB) will buy back $50.6 million (Dh185.7 million) of its sukuk maturing in 2012.

The buy-back price will be 88 per cent of the bonds’ face value, the bank said in a statement to Nasdaq Dubai on Wednesday…….Full Article: Source

 
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