Islamic Finance
Regulation, Risk & Compliance
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Islamic Development Bank hires banks for 5-year dollar sukuk
The Jeddah-based Islamic Development Bank has hired a group of banks to arrange the sale of five-year U.S. dollar-denominated sukuk, or Islamic bonds, a document showed on Tuesday. Citi, DIB, HSBC, KFH Capital, Natixis, SMBC Nikko, SNB Capital, Societe Generale and Standard Chartered will arrange investor calls starting on Tuesday,…
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Click here to read the full story: Reuters