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DIB lures with sukuk to avert Moody’s cut
Dubai Islamic Bank may pay more than twice the Arabian Gulf average on Sharia-compliant debt for its first perpetual sukuk as the lender seeks to avert a downgrade by Moody's Investors Service. The United Arab Emirates' biggest Islamic lender will probably pay between 6.5 per cent and 7.14 per cent…
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Click here to read the full story: Times of Oman