By anas on Tuesday, 07 May 2019
Category: Muslim Businesses Blog

UPDATE 3-UAE's Majid Al Futtaim set to raise $600 mln in "green" sukuk

(Updates with final size, order books, price guidance)DUBAI, May 7 (Reuters) - Majid Al Futtaim, a UAE-based developer and shopping mall operator, is set to raise $600 million in "green" sukuk, or Islamic bonds, documents by one of the banks leading the deal showed on Tuesday.The proceeds of the sukuk will back environmentally-friendly projects in areas such as renewable energy and sustainable wat
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