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ICD to raise up to $1.2 bln in Islamic financing -CEO

The private sector arm of the Jeddah-based Islamic Development Bank plans to tap Islamic capital markets to raise as much as $1.2 billion in long-term funds during its current financial year, its chief executive told Reuters. The Islamic Corporation for the Development of the Private Sector (ICD) will also explore…

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Click here to read the full story: Reuters

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