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Saudi Arabia raises $9 bn in first global Islamic bond issue

RIYADH: Saudi Arabia raised $9 billion in its first global Islamic bond issue, the government announced on Thursday, a move analysts say could ease...

Islamic bond market set to grow: experts

DUBAI: Investments in Islamic bonds known as "sukuk" are set to grow worldwide as financial centres vie to tap an increasing appetite for Muslim-friendly debt, experts and officials said Tuesday.

Pakistan to target $1bn from Islamic bond

ISLAMABAD: Pakistan is looking to raise $1 billion from an Islamic bond denominated in US dollars and plans to finalize arrangers within two weeks, according to a finance ministry official.

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