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$3.52bn Nakheel sukuk on DIFX
- United Arab Emirates: Thursday, December 14 - 2006 at 13:33
Nakheel has listed a $3.52bn issue of Islamic bonds, or sukuk, on the Dubai International Financial Exchange. It is the world's largest listing of its type, said Nakheel CFO Kar Tung Quek. The sukuk carries subscription rights for future public offerings of Nakheel Group companies. DIFX now carries listed sukuks worth $7.63bn.
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