Regulation, Risk & Compliance
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Khaleeji Commercial Bank issues $159mln sukuk
Khaleeji Commercial Bank has successfully issued Sukuk worth $159 million, subject to approvals from regulatory authorities and the extraordinary general meeting (EGM). Shareholders supported the bank to issue Additional Tier 1 (AT1) Capital Sukuk of up to $200 million in a bid to support the lender’s capital base, according to…
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