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Dubai News Club > Business > Dubai Islamic raises one billion dollars in sustainable sukuk
Business

Dubai Islamic raises one billion dollars in sustainable sukuk

Press Room
Last updated: 2023/02/09
Press Room
Published: February 9, 2023
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A bank document revealed that Dubai Islamic Bank, the largest Islamic bank in the UAE, will raise one billion dollars from the sale of sustainable 5-year sukuk.

The bank set the sukuk return at 4.8%. It has already been…

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