Jordan chooses Islamic Development Bank arm to support debut dinar sukuk

April 16, 2015 11:44 AM

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DUBAI, April 16 (Reuters) - Jordan chose the Islamic Corporation for the Development of the Private Sector (ICD), an arm of the Jeddah-based Islamic Development Bank, to support the country's debut sovereign issue of sukuk, the ICD said on Thursday.

The ICD will provide "transaction technical support" for the domestic issue of Jordanian dinar-denominated sukuk, which is expected this year, the ICD said in a statement.

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