Islamic Finance
Uncategorized
Dubai redeems sukuk worth more than $1bln
Dubai's department of finance said it has redeemed $750 million worth of sukuk or Islamic bonds, issued on January 30, 2013. The Dubai Government's Debt Management Office (DMO) also prepaid an additional $300 million of sukuk through an early redemption, almost four years ahead of its maturity in November 2026,…
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