From Albawaba.com: Dubai Multi Commodities Centre (DMCC), a Dubai Government initiative, announced today that it has redeemed its US$200 million Islamic bond, or sukuk, issued in May 2005. The final US$20 million repayment on this five-year sukuk was made on schedule.
Originated in 2005, DMCC’s US$200 million issue met with a very positive response from financial institutions across the Middle East, Asia and Europe, based on the long-term strength of DMCC’s business model. Unique features of this innovative, Shariah-compliant financial instrument included the ability of investors to receive repayments in either US dollars or gold bars……………………………………….Full Article: Source