Hedge Funds & Alternative Investments
Islamic Finance
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Bahrain's Mumtalakat set to raise $600 mln in sukuk
Bahrain’s sovereign wealth fund Mumtalakat is set to raise $600 million in sukuk, or Islamic bonds, with a 5.625 percent yield, a document issued by one of the banks leading the deal showed. Mumtalakat started marketing the notes earlier on Wednesday with an initial price guidance of around 6.25 percent….
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Click here to read the full story: Reuters