29.03.2012 - Dubai Islamic Bank says redeems $750 mln Sukuk
Dubai Islamic Bank has repaid a $750 million, five-year Islamic bond which matured on March 22 using its own resources, the bank said in an e-mailed statement on Wednesday. The sukuk, which was issued by Dubaiís largest sharia-compliant bank in March 2007, was then oversubscribed by three times, with 45 percent allocation to the Middle East, 25 percentto Asia and 30 percent to Europe...............................................Full Article: Source
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