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Islamic Finance

UK announces arrangers for sophomore sovereign sukuk


LONDON - The Government of the United Kingdom has announced the syndicate of arranging banks for its second sovereign sukuk, according to a document on Monday (March 22) from the country’s Debt Management Office.

CIMB Investment Bank, Dubai Islamic Bank, Emirates NBD Capital, HSBC and Standard Chartered have been appointed as joint lead managers for the planned sale.

Joining them will be Bank ABC, Dukhan Bank, KFH Capital and Maybank as co-lead managers.

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Sukuk