Islamic Finance
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Saudi lender SABB eyes capital-boosting Islamic bond issue – sources
Saudi British Bank, an affiliate of HSBC Holdings, is aiming to sell a Tier 2 capital-boosting Islamic bond, or sukuk, before the end of the year, two banking sources aware of the matter said on Monday. HSBC is advising SABB on the potential riyal-denominated transaction, the sources said, declining to…
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Click here to read the full story: Reuters