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

Bahrain’s Al Baraka Banking Group plans to sell $200mln Sukuk by end 2010

Posted on 23 August 2010

From Zawya Dow Jones: Bahrain-based Al Baraka Banking Group plans to sell a $200 million Islamic bond before the end of this year, the group’s chief executive told Zawya Dow Jones late Sunday.

“This will be the bank’s first sukuk ever,” said Adnan Ahmed Yousif. Al Baraka has received offers to lead arrange the bond from three banks, a German, a British and an Arabic lender, he said…………………………………….Full Article: Source

 
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