UPDATE 1-Islamic finance body IILM sells debut $490 million sukuk | Reuters

“The IILM, founded by the central banks in 2010, aims to address that weakness by issuing sukuk which banks can trade across borders. The IILM sukuk received a high A-1 credit rating from Standard & Poor’s, and the IILM has said it plans to increase its issuance eventually to as much as $3 billion.”

via UPDATE 1-Islamic finance body IILM sells debut $490 million sukuk | Reuters.

 

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About Houston Real Estate Blog by Bayou City Lupita

-Bayou City Realty Advisors, Owner -RE/MAX Compass, Agent -The Home Alliance Group, Member -Houston Association of Realtors-Member -Texas Association of Realtors-Member -National Association of Realtors-Member -Centralized Showing Services-Member -Just Energy-Associate
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