Islamic Finance
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UAE's Emirates Islamic Bank prices $500 mln sukuk
Emirates Islamic Bank, the sharia-compliant arm of Dubai's largest lender Emirates NBD , priced a $500 million sukuk on Wednesday, as the lender took advantage of strong demand for Islamic debt from the Gulf Arab region. The sukuk, due to mature in January 2018, priced at par at a spread…
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Click here to read the full story: Reuters