Damac has stripped the fluff out of sukuk orderbooks

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Damac has stripped the fluff out of sukuk orderbooks

At $1.5bn, the order book for Turkiye Finans’s $500m sukuk return on Tuesday was not to be sniffed at. But demand didn't reach the dizzy heights of this year’s other dollar sukuk deals, and that is thanks to the market’s last issuer, Damac Real Estate Development.

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