Goldman Sachs has registered a $2 billion Islamic bond programme with the Irish Stock Exchange through its Cayman Islands special purpose vehicle Global Sukuk Company Limited, according to International Financing Review (IFR).
The Islamic bonds, or sukuk, could be denominated in UAE dirhams, U.S. dollars, Saudi riyals or Singapore dollars but a time frame for issuance was not provided.
Dar Al Istithmar Limited, which has offices in the U.K. and Dubai, is the sharia adviser of the programme.
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