Islamic Finance
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Saudi Arabia issues $2.6bn worth of riyals-denominated Sukuk in April
Saudi Arabia’s National Debt Management Center issued SR9.98 billion ($2.6 billion) worth of riyals-denominated Sukuk in April. In a statement, the office, known as NDMC, said the Sukuk issuance was divided into two tranches as follows: The first tranche has a size of SR6.402 billion maturing in 2032 The second…
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Click here to read the full story: Arab News