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UAE's Sharjah emirate hires banks for dollar Islamic bonds

The emirate of Sharjah has hired banks ahead of a potential issue of 10-year U.S. dollar-denominated sukuk, or Islamic bonds, a document issued by one of the banks showed. Sharjah, the third-largest constituent of the United Arab Emirates, has hired HSBC to coordinate the potential deal. Other banks involved in…

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Click here to read the full story: Reuters

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