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Almarai plans Islamic bond sale

Thu, 2011-10-20 08:35 — newsdesk

It seems that Almarai Co is to going to look for shareholder approval of its plan to launch sukuk at a general assembly meeting on Nov. 19.
Shareholders will be asked to accept the company's bond issue programme, and to certify its board of directors to launch the sukuk, once all regualtory approvals are in place.

Source: 

http://www.emirates247.com/business/economy-finance/almarai-plans-islami...