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DIB raises $9bn in sukuks
- United Arab Emirates: Saturday, December 09 - 2006 at 16:46
The recent expansion of Nakheel's Islamic bond issue to $3.5bn has taken the amount of sukuk raised in the UAE by the Dubai Islamic Bank to more than $9bn. The Nakheel sukuk follows the $1bn bond for Dubai Civil Aviation and the $3.5bn sukuk for the Ports, Customs and Free Zone Corporation.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, December 09 - 2006 at 16:46 UAE local time (GMT+4)
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This article was updated on Sat Jan 13 2007.
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