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

Qatar Islamic plans first sale of dollar Islamic debt

Posted on 24 September 2010

From Bloomberg: Qatar Islamic Bank SAQ plans to sell its first dollar sukuk and will start meeting investors in the Middle East, Asia and Europe, according to a statement from the Gulf state’s biggest Shariah-compliant lender.
“The sukuk is expected to be launched, subject to market conditions” and Credit Suisse Group AG, HSBC Holdings Plc and Qatari investment bank QInvest have been hired to manage the issuance, said the statement posted on the Qatar Exchange website today……………………………………….Full Article: Source

 
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