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Nakheel plans Sukuk to settle contractor claims

Thu, 2012-01-12 13:38 — newsdesk

Developer Nakheel has negotiated contractor demand worth Dh1 billion so far and hopes to launch the second tranche of its Islamic bond within the next six months. This statement came from Ali Rashid Lootah, its chairman.

Source: 

http://www.opalesque.com/IslamicFinance_Briefing/?p=14905