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Islamic Finance
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Sukuk growth may be blunted by UAE's tighter standards: S&P
The growth in shariah-compliant bond issuance this year could be hurt by complications arising from the UAE’s recent adoption of tighter Islamic finance standards, according to S&P Global Ratings. Sukuk issuance will be between $140 billion and $155 billion in 2021 after $139.8 billion were sold last year, Mohamed Damak,…
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