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Islamic Development Bank picks nine banks for potential US dollar sukuk offer
The Jeddah-based Islamic Development Bank has picked nine banks for a potential US dollar-denominated Islamic bond issue, a document from the lead managers showed on Monday. The AAA-rated IDB has mandated CIMB, Deutsche Bank, First Gulf Bank, GIB Capital, HSBC, Maybank, Natixis, National Bank of Abu Dhabi, and Standard Chartered…
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Click here to read the full story: The Economic Times