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Abu Dhabi Islamic Bank launches $1 bln Tier 1 sukuk – leads
Abu Dhabi Islamic Bank, the emirate's largest sharia-compliant lender, launched a $1 billion hybrid sukuk on Thursday to boost its core capital, arranging banks said. The Tier 1 perpetual sukuk, which has no defined maturity date, was launched at a profit rate of 6.375 percent, tighter than indicated guidance, after…
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Click here to read the full story: Reuters