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

Mumtalakat planning to tap sukuk market

Posted on 29 January 2010

From Gulf-daily-news.com: Bahrain’s sovereign wealth fund, which invests mostly at home, plans to diversify away from private equity projects and into stocks and bonds, its chief executive said.

Talal Alzain also said that Mumtalakat expects to receive a credit rating this year, which would allow it to tap capital markets for funding, including sukuk………………………………..Full Article: Source

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