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QREIC Sukuk LLC

QREIC Sukuk LLC latest

Al Bawaba
September 18th, 2006 - 07:19 GMT

“Sukuk Al Musharaka” issued by Qatar Real Estate Investment Company

Qatar National Bank (QNB) and QNB Al Islami declared the successful close of “Sukuk Al Musharaka” issued by Qatar Real Estate Investment Company (QREIC). According to the Peninsula , the sukuk were issued through QREIC Sukuk LLC, a Special Purpose Vehicle (SPV) incorporated at the Qatar Financial Centre (QFC). It The transaction generated orders that exceeded the $100 million initial funding by more than 4 times. Three funding tranches with ...
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