The DGCX said it had appointed INTL FCStone as the market maker for the contract
Business Blog
Largest development organisation in the Muslim world is aiming to issue a benchmark-sized green sukuk this year to finance renewable energy projects
London has long sought to position itself as a global hub for Islamic finance.
Saudi Arabia had a ratio of 65% to 35% for local to international issuance, plus or minus 10%
The 10-year financing was obtained from Warba, Ahli United and Kuwait International banks, KUNA said.
Copyright
© Zawya.com
The planned sukuk, or Islamic bond, has a 10-year tenor but will amortise over a five-year period.
Copyright
© Zawya.com