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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Islamic bonds expand footprint to UK

Posted on 18 August 2010

From Efinancialnews.com: Islamic bonds have expanded their geographic footprint after a British manufacturer became the first company to raise money through a sukuk in the UK, which has until now, largely been the domain of the Middle Eastern and Asian countries.
International Innovative Technologies, a maker of industrial mills, raised $10m through a private equity sukuk to help finance its growth plans……………………………………….Full Article: Source

 
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