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Clifford Chance advises IDB of its $1.5bln Sukuk trust certificate issuance programme

Posted on 06 October 2009

From Americanchronicle.com: Clifford Chance, through its Dubai and Madrid offices, has advised The Islamic Development Bank in relation to the 2009 update of its $1.5bn sukuk-al-isthismar trust certificate programme and the second and third Issuances under that programme.

The programme was originally established in 2005 and this update made a number of Shari’a related structural changes to reflect developments since the programme was established as well as increase the programme size to $1.5bn……………..Full Article: Source

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