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Saudi sells over SAR7bn sukuk in monthly issue

Saudi sells over SAR7bn sukuk in monthly issue

The kingdom’s finance ministry issued SAR5.37bn ($1.43bn) in domestic sukuk

Saudi Arabia’s Finance Ministry issued SAR5.37bn ($1.43bn) in domestic sukuk or Islamic bonds, under its monthly issuance programme, the Saudi state news agency said on Tuesday.

It has also issued SAR1.725bn worth of sukuk by re-opening a previous debt sale originally made in September last year, it said.

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