Islamic Finance
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Emirates Islamic Bank eyes $500 mln sukuk; strong demand seen
Emirates Islamic Bank, the sharia-compliant arm of Dubai lender Emirates NBD, has set final guidance for its $500 million sukuk, lead arrangers said on Wednesday. Guidance for the profit rate was revised to a spread of 315 basis points over midswaps, with a margin of 5 basis points on both…
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Click here to read the full story: Reuters