Islamic Finance
Regulation, Risk & Compliance
Sovereign wealth
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Bahrain's sovereign wealth fund Mumtalakat hires banks for dollar sukuk
Bahrain’s sovereign wealth fund Mumtalakat has hired banks to arrange fixed income investor meetings ahead of a potential issue of U.S. dollar-denominated sukuk, or Islamic bonds, a document by one of the banks leading the deal showed. The fund has picked Citi, Gulf International Bank, HSBC, National Bank of Bahrain…
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Click here to read the full story: Reuters