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Prospect News home > News index > List of issuers D > Headlines for Dar Al-Arkan Sukuk Co. Ltd. > News item
Published on 7/5/2023 in the Prospect News Emerging Markets Daily.

Dar Al-Arkan Sukuk sets up $2.5 billion trust certificate program

By Marisa Wong

Los Angeles, July 5 – Dar Al-Arkan Sukuk Co. Ltd. published a base prospectus for a $2.5 billion trust certificate issuance program on Wednesday, according to a news release.

Alkhair Capital (Dubai) Ltd., Deutsche Bank, Emirates NBD Capital and Standard Chartered Bank are the arrangers and dealers.

The issuer is a Saudi Arabia-based property developer.


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