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Saudi’s Islamic Development Bank lists $2.5bn sustainability sukuk on Nasdaq Dubai

Saudi Arabia’s Islamic Development Bank  has listed a $2.5bn sustainability sukuk on Nasdaq Dubai. It is the second AAA-rated sukuk issuance under the Sustainable Finance Framework of IsDB and is the bank’s biggest US dollar public issuance to date. The 5-year $2.5 billion Trust Certificates were priced at par with…

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