Shams Abu Dhabi: Sorouh Real Estate to Use Sukuk

Sorouh Real Estate launches AED 4 billion Shari'ah compliant ...
CPI Financial - Dubai,United Arab Emirates
The proceeds from the Sukuk will be used by Sorouh to finance infrastructure on Shams Abu Dhabi as well as other Sorouh projects including Saraya. ...

UPDATE 1-UAE's Sorouh to raise $1.1 bln in securitisation
Reuters - USA
"The proceeds from the sukuk will be used by Sorouh to finance infrastructure on Shams Abu Dhabi as well as other Sorouh projects including Saraya," the ...

Sorouh to raise $1.1bn in securitisation
Trade Arabia - Manama,Bahrain
The Islamic facility "is the first to securitise future contracted receivables from sub-developers", including the Shams Abu Dhabi and Saraya developments, ...