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Two more follow Darwish and Safa leaving last month
Peace agreement will be needed to restore normal enthusiasm
Higher dollar yields dampen some of the callable demand
The duo were the first AT1s from the GCC since Emirates NBD's reopener in April
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Structural problems mean access to the sukuk market from outside the Islamic world is limited
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Like recent Gulf sukuk the Saudi bank’s book was heavily oversubscribed
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Saudi bank appeals to bid for scarcity with first sukuk in over a decade
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Demand for sukuk issuance is high among region's Islamic investors