Dubai luxury real estate co turns to sukuk

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Dubai luxury real estate co turns to sukuk

Alamy_Dubai_Emaar_575x375_29June2021
2BPADF3 Highest Building Burj Khalifa in Dubai | Alamy Stock Photo

Emaar Properties, the UAE-based luxury real estate developer, was planning to sell a dollar sukuk on Tuesday. It followed a string of emerging market Sharia-compliant trades in recent weeks that have been absorbed by a hungry investor base.

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