Islamic Finance
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Banque Saudi Fransi Sets Up $2 Billion Islamic Bond Program
Banque Saudi Fransi, a Saudi Arabian lender part-owned by Credit Agricole, set up a $2 billion Islamic bond program as part of the Riyadh-based lender’s plans to diversify its sources of financing. “We are properly equipped to raise funding when and if needed from the international market,” Chief Financial Officer…
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Click here to read the full story: Bloomberg