Islamic Finance
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Dubai's JAFZA gets consent to repay $2 billion sukuk early
Dubai's Jebel Ali Free Zone (JAFZA) said on Sunday it had received the consent from a majority of sukukholders for early redemption of a $2 billion-equivalent Islamic bond. The state-linked industrial free zone, part of a unit owned by Dubai World DBWLD.UL, said a majority representing 89 percent of certificate…
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Click here to read the full story: Reuters