28.06.2012 - Tamweel bond climbs to record on Dubai recovery: Islamic Finance

Tamweel’s Islamic bond climbed to a record as the mortgage provider controlled by Dubai Islamic Bank plans its second sukuk sale this year, boosted by an increase in property sales. The yield on the 5.154 per cent Islamic bonds, which pay returns on assets instead of interest, due January 2017 has fallen 57 basis points in June to 4.30 per cent on Wednesday...............................................Full Article: Source

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