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Majid Al Futtaim to repay $400m sukuk in full

Majid Al Futtaim to repay $400m sukuk in full
The sukuk was issued by MAF Sukuk Limited on the exchange (Photo Credit: Company Website)

Dubai – Mubasher: Majid Al Futtaim plans to make a full repayment for $400 million trust certificates maturing on 7 February 2017, according to a statement.

The sukuk were issued by MAF Sukuk Limited on the exchange.

In early October, the company listed $300 million sukuk on the exchange.