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Majid Al Futtaim clears decks for sukuk programme

Majid Al Futtaim Holding, or MAF, has set up a $1 billion (Dh3.67 billion) Islamic bond, or sukuk, programme, paving the way for the company to raise cash to boost liquidity and better manage its debt, according to its base prospectus. Arrangers and dealers for the trust certificate issuance programme…

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Click here to read the full story: Gulf News

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