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04 December 2024

Dubai-listed Shuaa Capital to list $100mln sukuk

Published
By E247

The board of Dubai-listed Shuaa Capital has approved the issuance of a $100 million sukuk through a wholly-owned special purpose vehicle (SPV).

The Islamic bond will be a private placement through the SPV known as SC Sukuk 1 Limited, according to a statement to Dubai Financial Market (DFM).