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Abu Dhabi Islamic Bank raises $750m from sukuk issuance
Abu Dhabi Islamic Bank has raised $750 million through the issuance of Sharia-compliant bonds as the biggest Islamic lender by assets in the emirate continues to diversify its funding base. The five-year non-call, tier-one perpetual sukuk offers a profit rate of 7.25 per cent per annum and will be listed…
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Click here to read the full story: The National News