11.04.2012 - Saudi Arabia issues most GCC Sukuk in first quarter
Saudi Arabia raised approximately $6.4 billion (SR24 billion) through issuances of Islamic bonds (sukuk) in the first quarter of 2012, the most money raised through sukuk in the Gulf Cooperation Council (GCC) during the same period, and the second largest amount worldwide. A large percentage of this total was from a $4 billion (SR15 billion) sukuk issuance by the General Authority for Civil Aviation in January...............................................Full Article: Source
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