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Dubai Islamic Bank prices $750 mln 5-yr sukuk – leads

Dubai Islamic Bank has priced a $750 million sukuk with a five year lifespan, a document from arranger banks said on Wednesday, with the cost of borrowing reduced by significant investor demand. The wakala-structured deal, in which one party manages assets on behalf of another, was completed at a spread…

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Click here to read the full story: zawya.com

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