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Qatar’s Masraf Al Rayan reveals overwhelming response to its Sukuk issue
Qatar’s second-largest Islamic bank Masraf Al Rayan revealed that it’s $750mn Sukuk issuance generated overwhelming demand from global investors and was oversubscribed 4.4 times. MAR bank, rated ‘A1’ by Moody’s with a stable outlook issued $750mn Sukuk with a term of five years under the bank’s existing $2 billion Sukuk…
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