Hedge Funds & Alternative Investments
Islamic Finance
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IDB to sell $567m Sukuk
The Islamic Development Bank is selling euro-denominated Sukuk, which is expected to be EUR 500 million ($567 million) in size, Reuters reported last weekend. Last month, the IDB raised $1.3 billion in senior, unsecured Sukuk with a five-year maturity and a profit rate of 3.4 per cent, corresponding to a…
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Click here to read the full story: News Telegraph NG