| Bank Al Jazeera (BAJ) has announced that the closure of its first sukuk issue had netted a total amount of SAR 1 billion. It was the first debt capital market transaction in Saudi Arabia this year, with all operations being Shariah- compliant.
In a press release issued here, it said this issuance has met with great success and attracted a large number of investment sectors. As a result, the amount invested exceeded its expectations by 500% of the initial target that was fixed.............................................Full Article: Source
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