| The Islamic Development Bank (IDB) will go to the market this month to raise between $500 million and $1 billion to finance its activities during the year. Dr. Ahmad Mohamed Ali, IDB President, who is on a visit to the United Kingdom, confirmed that because of increasing demands from member countries for financing, the multilateral development bank (MDB) of the Muslim World plans to issue regular annual sukuk tranches ranging from $500 million to $1.5 billion under its Medium Term Notes (MTN) program going forward...............................................Full Article: Source
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