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Qatar Islamic Bank approves up to 5bn riyal Tier-1 sukuk issuance
Qatar Islamic Bank , the Gulf state's largest sharia-compliant bank by assets, said on Monday its shareholders had approved the issuance of up to 5 billion riyals ($1.37 billion) of Tier 1-boosting sukuk. The sale would be in accordance with Basel III banking rules and the final amount and currency…
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