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Bank Muscat's Islamic unit plans $300 mln dual-currency sukuk issue
The issue, which could carry tenors of between three and five years, would be part of a 500 million rial ($1.3 billion) sukuk programme which the bank's shareholders approved in March, said Sulaiman Al Harthy, group general manager of Meethaq, Bank Muscat's Islamic operation. He added, "The idea is to…
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Click here to read the full story: Reuters