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Al Baraka Bank covers $40.93mln of Palm Hills’ sukuk issuance
Al Baraka Bank Egypt has contributed EGP 750 million to the coverage of the issuance of EGP 3.251 billion sharia-compliant sukuk by Palm Hills Development Company (PHDC), the bank’s CEO Hazem Hegazy told Al Mal News on March 28th. The sukuk issuance was also covered by Arab Investment Bank and…
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