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KBL European Private Bankers, based in Luxembourg is a private banking group which is a Primary dealer for International Islamic Liquidity Management Corp Sukuk programme.
So, we are expecting more sukuk from the government as well as the private sector in ... Sukuk is a certificate of undivided interest in the asset to
After Islamic revolution in Iran, investing in bonds by private sector was recognized as incompatible in accordance with Islamic jurisprudence.
The three-month sukuk was priced at 0.52 percent. It was auctioned to eight primary dealers, with KBL Private Bankers not participating as it did in I
The initial sukuk will be for value of between 1 billion to 1.5 billion Saudi Riyals according to a person with knowledge of the deal
The banks will manage the potential sale under a 5-billion riyal (1.3 billion) sukuk program, Saudi Telecom said in a statement today. The size of the
Geographically speaking, the market for sharia-compliant funds is concentrated within three main markets: Saudi Arabia, Malaysia and Luxembourg.