Islamic Finance
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Aldar fears fade after $4.6bn Abu Dhabi bailout
Aldar Properties Islamic bonds rallied the most in eight months after the developer got AED16.8bn ($4.6bn) from the Abu Dhabi government, alleviating concern about its ability to pay debt. The price of the floating-rate sukuk maturing in June 2013 rose 0.8 percent last week, the most since the week ended…
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