Updated on 19.03.2018, 19:31 (AST)

05.03.2018, 14:43

ICD to float $50 mln in sukuks on KASE

ALMATY. March 5 (Interfax-Kazakhstan) – Islamic Corporation for the Development of the Private Sector (ICD) plans to issue Islamic bonds sukuks on the Kazakhstan Stock Exchange (KASE) for a total amount of $40 million which will go to Kazakhstan’s Entrepreneurship Development Fund Damu to support SMEs, Damu Borrowings Director Meirambek Kalymbayev.

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