| 10.03.2010 - Dar Al-Arkan successfully redeems $600 mln inaugural Sukuk |
| From Cpifinancial.net: Dar Al-Arkan Real Estate Development Company (Dar Al-Arkan), a residential real estate developer in Saudi Arabia, has announced that it has successfully redeemed its inaugural Sukuk issued in March 2007. The repayment was made on schedule. Issued by DAAR International Sukuk Company, the three-year $600 million issue marked the first Sukuk to be issued by a Saudi company in the international capital markets.............................................Full Article: Source |