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Dubai Islamic Bank to boost capital through sukuk sale

Dubai Islamic Bank, the largest sharia-compliant lender in the emirate, plans to boost its capital through a sharia-compliant debt instrument, the lender said on Tuesday. The bank will hold investor meetings in Asia, Middle East and Europe starting March 7 ahead of issuing the dollar-denominated, benchmark-sized hybrid sukuk, subject to…

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Click here to read the full story: Arabian Business

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