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

UAE’s ADIB mandates banks for Islamic bond

Posted on 14 October 2010

From Kippreport.com: 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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