Islamic Finance
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Saudi Bank AlBilad to issue $800mln riyal-denominated sukuk
Saudi Arabia’s Bank AlBilad will issue a domestic Saudi riyal-denominated Tier 2 sukuk for up to 3 billion riyals ($800 million) by way of private placement in the kingdom. The potential offer may also include an option for the holders of the 2 billion riyals sukuk, due in 2026, to…
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