Islamic Finance
New Investment Products & Services
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Emirates Strategic Investments Company debuts $600mln sukuk
Emirates Strategic Investments Company (ESIC), owned by Sheikh Mansour Bin Zayed Al Nahyan, announced the launching of $600 million in debut Sukuk. The sukuk issuance has a tenor of five years at a profit rate of 3.939% per annum, according to a press release. ESIC has issued the senior unsecured…
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