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First Gulf Bank To Set Up $1.07bn Sukuk In Malaysia
Abu Dhabi’s First Gulf Bank, the third-largest bank by assets in the United Arab Emirates, will raise 3.5 billion ringgit with Islamic bonds in Malaysia according to a statement on Thursday by credit rating agency RAM Ratings. The Islamic bond, or sukuk, program will be issued by the bank’s funding…
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Click here to read the full story: Gulf Business