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UAE’s Islamic Treasury Sukuk oversubscribed 7.6 times, receives bids worth Dh8.3 billion

The UAE’s first auction of Islamic Treasury Sukuk received bids worth Dh8.3 billion, an oversubscription of 7.6 times, it was announced on Wednesday. The benchmark auction size was Dh1.1 billion. “The success of launching the Islamic Treasury Sukuk auction reflects investors’ confidence in the UAE as a global investment hub…

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