Saudi Real Estate Refinance looks to debut dollar sukuk in Q2

Follow-ups -eshrag News:

Wed, 2023-02-01 11:02

DUBA: The Saudi Real Estate Refinance Co., the kingdom’s equivalent of US mortgage finance business Fannie Mae, plans to issue debut dollar-denominated sukuk between the end of the first and second quarters of this year, its chief executive said.

The company, a regular issuer of local currency Islamic bonds, initially aimed to issue its inaugural dollar sukuk last year.

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