Tamweel repaid $300m sukuk
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Tamweel repaid $300m sukuk

Tamweel repaid $300m sukuk

Dubai-based mortgage lender Tamweel has said it has repaid a $300m Islamic bond that matured in January, Zawya Dow Jones has reported. Tamweel issued the sukuk in 2008 for general Islamic financing and corporate purposes. It raised a similar amount in 2011, also via a five-year sukuk.

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