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

UAE’s ADIB mandates banks for Islamic bond

Posted on 13 October 2010

From Reuters: Abu Dhabi Islamic Bank is planning to issue an Islamic bond, or sukuk, in the coming weeks, and has mandated three banks to arrange the sale, with a roadshow planned as early as next week, two market sources said.
ADIB, the second largest Islamic lender in the United Arab Emirates, has mandated Barclay’s Capital, HSBC and Standard Chartered, for the sukuk, the sources said, declining to be identified……………………………………….Full Article: Source

 
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