Islamic Finance
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Dana Gas’ Islamic bonds rally, NBAD says it’s time to sell
Dana Gas' Islamic bonds jumped the most since January as the company's stock price climbed, signalling a good moment to sell, according to National Bank of Abu Dhabi (NBAD) Securities. The yield on the UAE gas producer's convertible sukuk due October 2017 sank 88 basis points on Tuesday to 3.45…
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Click here to read the full story: Times of Oman