Islamic Finance
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Saudi British Bank plans capital-boosting sukuk sale – sources
Saudi British Bank, an affiliate of HSBC Holdings, is aiming to sell an Islamic bond by year-end to strengthen its capital base, two banking sources aware of the matter said on Monday. HSBC is advising SABB on the potential riyal-denominated sukuk issue to boost its Tier 2 capital position, the…
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Click here to read the full story: Reuters