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Daniele Vecchi

Majid Al Futtaim plans sukuk by end-November

Dubai-based shopping mall developer Majid Al Futtaim (MAF) is aiming to raise between $350 million and $500 million in a five-year dollar-denominated Islamic bond, or sukuk, by the end of November, a senior official said on Thursday.

November 17, 2011 4:06