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

Swedish SEK mulls Islamic bond to boost Saudi trade

Posted on 11 May 2010

From Arabianbusiness.com: Sweden’s Export Credit Corporation (SEK) said it may issue Islamic bonds or tap other sharia compliant financial instruments to boost trade with Saudi Arabia, its biggest trade partner in the Middle East and Africa.
A delegation from SEK met Saudi banks including Alinma , Al Rajhi and Banque Saudi Fransi to discuss the plan but no decision has been made yet, said Mans Hoglund, an executive director at SEK……………………………………….Full Article: Source

 
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