| Tamweel PJSC, the UAE Islamic home finance provider, on Wednesday announced that it has repaid in full a USD300 million five-year Sukuk, which matured in January 2013. This announcement follows the recent successful settlement by the company of its USD 210 million home finance asset-backed security issued in 2007.
In line with its long term funding strategy, Tamweel issued the Sukuk in early 2008. The proceeds were used for general Islamic financing and corporate purposes...............................................Full Article: Source
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