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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Saudi civil aviation authority mulls sukuk issue

Posted on 13 January 2011

From Kippreport.com: Saudi Arabia’s civil aviation authority is eyeing sale of Islamic bonds, or sukEk, in several tranches to finance a modernisation of the kingdom’s airports, its top executive said on Wednesday.
The first tranche of the sukuk would be worth 4.5 billion riyals ($1.20 billion), Abdullah al-Rahimi told Al Arabiya television……………………………………….Full Article: Source

 
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