Saudi Arabia:Islamic multilateral development institution co-arranges US$525m sukuk

By MEIR team | 12 Jun 2022

Senegal, through the Société Nationale de Gestion et d'Exploitation du Patrimoine Bâti de l'État (SOGEPA), has sold a three-tranche sukuk ijarah raising XOF330bn ($525.4m) attracting orders from regional and Middle Eastern investors, the Jeddah-based Islamic Corporation for the Development of the Private Sector (ICD) has announced in a statement.

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