Islamic Finance
Sovereign wealth
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OMR250m bids accepted in first Oman's sovereign sukuk issue
Oman’s maiden sovereign sukuk issue has evoked a strong response to raise a total of OMR336 million in firm orders from a wide base of investors comprising both conventional and Islamic institutions. The five-year benchmark sovereign sukuk issuance was oversubscribed close to 1.7 times. Against this strong committed order-book, the…
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Click here to read the full story: Times of Oman