Dubai hosts first Islamic commodity trade
DMCC, Dubai's government-owned commodities centre, hopes the maiden transaction encourages others to follow, says executive chairman Ahmed Bin Sulayem
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DMCC, Dubai's government-owned commodities centre, hopes the maiden transaction encourages others to follow, says executive chairman Ahmed Bin Sulayem
March 26, 2013 1:57Dubai's Emirates Islamic Bank, a unit of Emirates NBD, has picked banks for a potential benchmark-sized dollar sukuk, or Islamic bond, lead arrangers said on Tuesday.
July 4, 2012 11:07Sharjah-based Dana Gas, the energy firm which has a $1 billion Islamic bond, or sukuk, due in October, has appointed a new chairman, it said in a bourse filing on Sunday.
June 10, 2012 5:50The source, who declined to be named ahead of any official announcement, said JAFZA aimed to raise $650 million from the new sukuk and $1.2 billion from the Islamic facility.
June 6, 2012 12:08