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Emirates Islamis Closes $500million Sukuk Issuance

One of the leading Islamic financial institutions in the UAE, Emirate Islamic, has successfully closed the issuance of a $500 million 5-year Sukuk from its $2.5 billion Certificate Issuance Programme. The landmark issuance, rated A+ by Fitch, will be listed on NASDAQ Dubai and Euronext Dublin. Investors showed great interest…

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Click here to read the full story: The Fintech Times

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