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Market volatility dims sukuk sale plans

Islamic bonds have halted gains as increased volatility in global markets undermined plans by Indonesia to sell sukuk. “Given this volatility, you don’t know when you’ll get the deal done,” Zeid Ayer, chief investment officer at Kuala Lumpur-based CIMB-Principal Islamic Management Bhd who helps oversee $700mn of assets, said in…

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Click here to read the full story: Gulf Times

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