GS 'learns lesson' and switches structure on debut sukuk sale

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GS 'learns lesson' and switches structure on debut sukuk sale

Goldman Sachs has reignited plans for a debut sukuk deal almost three years after controversy around Shariah compliance brought down its first attempt. Debt bankers and Islamic finance specialists away from the deal lauded the issuer’s adjustments from its original attempt, and investors are hoping a successful print will encourage other western conventional banks to sell sukuk.

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